Coincident Capital

Overview of Coincident Capital

Coincident Capital, founded in 2019 in the Cayman Islands, operates as a hedge fund specializing in cryptocurrency investments.

They offer professional management services with a focus on major cryptocurrencies like Bitcoin and Ethereum, employing strategies to minimize risk and maximize returns. While their management fees and high investment minimum may deter some investors, Coincident Capital provides transparency through regular reports on holdings and strategies.

Pros and Cons

Security

While Coincident Capital doesn't directly hold your cryptocurrency, their security measures involve a combination of these:

Secure Asset Custody: They partner with reputable custodians who employ industry-best practices. These custodians might use cold storage (offline storage) for a large portion of the assets to minimize hacking risks.

Risk Management Framework: Coincident Capital itself has a robust risk management framework. This includes things like diversification across different cryptocurrencies, stop-loss orders to limit potential losses, and regular stress testing to assess their portfolio's resilience to market downturns.

Transparency and Reporting: Ideally, Coincident Capital provides regular reports to investors detailing their holdings, investment strategies, and security measures.

Cryptocurrencies Available

Coincident Capital is a hedge fund that manages investments for clients. They focus on major, well-established cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).

Fees

Coincident Capital charges management fees and performance fees for managing your investment.

Management Fees: This is a fixed percentage (around 1-2%) of your total assets under management (AUM) deducted annually. It covers their base costs of running the fund.

Performance Fees: Some hedge funds charge a performance fee on top of the management fee. This is a percentage (often 10-20%) of the profits they generate for you. It incentivizes them to perform well.