Don't start a crypto hedge fund just for the sake of it. People wouldn't invest in your hedge fund if you have no credibility in the market. So it is not a good business to start by an individual.

Secondly, don't overlook the power of Gold here. From decades, Gold have been used by the common mass to hedge against the weak economy. Make sure to add a good percentage of Gold in your portfolio. It will definitely make your hedge fund more secure than others. Because crypto market is mainly controlled by bitcoin's pricing trend due to it market dominance. So adding a lot of altcoins to your portfolio wouldn't make much sense either.

Hope this helps!