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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