New York Blockchain Week is off to a successful start. Over 170 events are planned throughout Manhattan tailored for the blockchain, fintech and cryptocurrency industries. Black Bull Advisors, which manages a crypto-focused hedge fund, helped launch the week by sponsoring the Blockchain Fund Summit that was held at the Standard High Line Hotel, located in NY’s meatpacking district, on May 9th.
Black Bull Advisors Partner, Luis R. Gonzalez, delivered the keynote presentation at the event. He spoke about the foundation and 10-year history of the Black Bull Advisors’ proprietary trading technology, and the Black Bull Advisors’ cryptocurrency trading methods that have demonstrated superior results in comparison to more traditional investment strategies.
“Black Bull Advisors (BBA),” Mr. Gonzalez said, “was founded on the premise that market participants are looking for an alternative solution to the typical low-returns buy and hold strategy.” BBA’s competitive advantage, he explained, is the result of incorporating BBA’s proprietary artificial intelligence (AI) and big data algorithms to manage volatility in the crypto trading markets to BBA’s advantage.
Mr. Gonzalez explained that BBA’s current trading strategies consist of daily short-term trades. “The key to achieving the returns that we have,” he stressed,” comes from analyzing in real time the information and using the advanced tools that we already have in place.”
According to Mr. Gonzalez, “Black Bull’s algorithm analyzes the volatility in the market, which helps us make better trades and achieve superior returns”.
One of the graphs in the presentation illustrated how BBA’s algorithm has outpaced the S&P 500 and Bitcoin in growth since January 2018, when BBA’s managers first applied their AI-based trading methodology to the cryptocurrency markets.
The goal of the Blockchain Fund Summit was to educate family offices and institutional investors on the investment strategies and opportunities through the lens of some of the most influential fund managers and thought leaders in the blockchain space.
Black Bull Advisors, LLC utilizes proprietary artificial intelligence (AI) technology to direct and manage technical trading within its crypto-focused hedge fund. Black Bull Advisors’ managers invest in a diversified portfolio of cryptocurrencies and other digital assets using a variety of trading strategies.