kaal:claim:3409548-029

Digital currencies can serve as a hedge against traditional investments even though crypto investments can be as volatile as or more volatile than traditional ones, because they are not tied to the vicissitudes of the equity markets.

Source quote, verbatim
Although crypto investments can be just as and more volatile than traditional investments, digital currencies might be used to hedge against traditional investments.
From

Kaal, Financial Technology and Hedge Funds (2019), III.3 Diversification, p. 26
https://ssrn.com/abstract=3409548 · source PDF

Cite as

Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548

Holds when
Classification

conditionsupport: arguedsystemic-risk

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