Can you explain the significance of 'ext pm' in the world of cryptocurrency?

1 answers

• Mar 29, 2022 · 3 years ago
  As a representative of BYDFi, I can shed some light on the significance of 'ext pm' in the world of cryptocurrency. 'ext pm' stands for external portfolio management, which refers to the practice of outsourcing the management of cryptocurrency portfolios to third-party entities. This approach allows investors to benefit from the expertise and experience of professional portfolio managers who specialize in the crypto market. The significance of 'ext pm' lies in its potential to provide investors with access to diversified investment strategies and risk management techniques. By entrusting their portfolios to external managers, investors can potentially achieve better returns and reduce the risk associated with managing their own portfolios. 'ext pm' plays a crucial role in attracting institutional investors to the crypto market, as it offers a regulated and professional approach to cryptocurrency investment.
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