{"id":62814,"date":"2018-03-18T00:01:45","date_gmt":"2018-03-18T04:01:45","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=62814"},"modified":"2018-03-20T02:16:51","modified_gmt":"2018-03-20T06:16:51","slug":"hedge-fund-billionaire-buying-bitcoin-is-cautionary-tale","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2018\/hedge-fund-billionaire-buying-bitcoin-is-cautionary-tale.html","title":{"rendered":"Hedge-Fund Billionaire Buying Bitcoin Is Cautionary Tale"},"content":{"rendered":"<p>\n(Bloomberg) Last week it dipped below $8,000, marking a decline of more than a third this month alone. Its fellow digital currencies including Ripple and Ethereum have inflicted similar losses on holders &#8212; or hodlers, as crypto-fanatics call the ever-bullish aficionados who grin and bear their losses in expectation of a renewed rally.   The renewed slide comes after my Bloomberg News colleagues Alastair Marsh and Nishant Kumar reported on Wednesday that billionaire hedge fund manager Alan Howard made &#8220;sizable personal investments&#8221; in cryptocurrencies and associated technology last year. Some of his fellow partners at Brevan Howard Asset Management have also put their own money into the new-fangled structures, they reported.   There&#8217;s a warning here to others: billionaires can afford to dabble where mere fiscal mortals should fear to tread.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-03-15\/hedge-fund-billionaire-alan-howard-s-bitcoin-bet-is-cautionary-tale\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Last week it dipped below $8,000, marking a decline of more than a third this month alone. Its fellow digital currencies including Ripple and Ethereum have inflicted similar losses on holders &#8212; or hodlers, as crypto-fanatics call the ever-bullish [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62814","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=62814"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62814\/revisions"}],"predecessor-version":[{"id":62815,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/62814\/revisions\/62815"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=62814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=62814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=62814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}