PANEL - Digital Assets Trading and Investing: Understanding the new asset class and its risks

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PANEL - "Digital Assets Trading and Investing: Understanding the new asset class and its risk management strategies, from the perspectives of market players and regulatory & tax advisory."

PANELISTS: ❖ Moderator NICOLE DYSKANT, Global Head of Legal
and Compliance, HashDex ❖ JASMINE BURGESS, COO/CRO of One River Digital, One River Asset Management ❖ MARTIN LEINWEBER, Digital Asset Product Specialist, MV Index Solutions ❖ MARK LEEDS, Partner, Mayer Brown ❖ NEIL SCHWAM, Head of Operational Risk, L1 Digital

Jasmine Burgess, One River Digital
at 6:36
"Being a risk person I maybe obsess a little bit too much about risk but that's my job. The algorithms for Luna always had flaws, we didn't include it in our index. There's a lot of reasons we don't include a lot of protocols in our index that other people do include in their index. We do a lot of an analysis on treasury .. how much a dispersion of holdings there is in each of the protocols, the full gambit of risk .. there's Celsius, total liquidity mismanagement, you're locking stuff up but you're offering one day liquidity. No one would do that, it's just a lesson on marketing versus the pragmatic you .. I think we need this crypto winter as a cleansing process and as Warren Buffett said, when the tide is out you see who's swimming naked. So arguably the crypto market reminds me of a nudist camp at the moment .. "

Mark Leeds, Mayer Brown
at 10:08
Beginning next year, the crypto exchanges are going to be required to report extensive information
on crypto trading to the U.S government and send out reports to investors that mimic the same type of reports that you'd normally expect from commodity or security investing. So when the opportunity to come forward that the internal revenue service is offered and with voluntary disclosure that you can do on a Form 8938 that you can file with your tax return, this meltdown creates a great opportunity to come forward because the value of the holdings right now has decreased so much, it creates opportunities for recognizing the losses which you couldn't do if the assets weren't disclosed and because the tax law hasn't caught up to crypto yet. Strategies that wouldn't necessarily work with other commodities or with securities are certainly available with respect to creating opportunities to recognize losses with respect to crypto holdings .. "

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[edwardsmurphy]

I love the grounded reality of this channel..TA is all well and good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely ignore the bigger narrative of why BTC is dropping and why the future outlook might not be as rosy as it seems. The lowest loss or profit for 2022 is represented by dividend shares or dividend ETFs. ETFs are now a good choice for diversification and protecting your portfolio against growing inflation. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. This is the worst possible time in history to invest as so many don't back up their crypto assets.More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market.I have made over 12 btc 4rm day tradn with Marcus Leung’s insights and signals in less than 4 weeks, this is one of the best medium to backup your assets incase it goes bearish.