A word from the founder
2016 – The first news releases on Bitcoin halving caught my attention. After following the developments for some time, I decided to invest a share of my disposable equity in Bitcoins.
This first step in the crypto market was an immediate success. By deploying a big lever, I doubled my investment in one day. I then reversed my initial investment the next day, and I now use the yield for trade.
By own experience
I initially had a strong position and I was mainly interested in the high risk products like levers. I then turned my profit by going short on currencies. That is why trading on the crypto market continuously caught my attention and it was my life, 24/7.
I found it annoying that levers also lead to margin calls. Some positions passed me by sometimes because I missed the momentum. Despite of the 24-hours occupation and deploying stops and losses. I therefore more and more tended to apply the traditional investment model to the crypto market and focus on the longer term.
And that’s also why I examined the possibilities to have a managed crypto portfolio. But there was no decent party I trusted. At that time, the interest from my network increased and I was more and more often asked if someone could also enter in a way that I could manage their investments in crypto assets.
?In a bullet train from Shanghai to Hong Kong, I set the base for the business model. When I got back to Rotterdam, I started doing it.?Paul Mennema, Founder and managing Partner Yieldt
The origination of Yieldt
The combination of a high demand and a scarce offer made my entrepreneurial heart beat harder. I attracted a multidisciplinary team of specialists and developed Yieldt. Managed investment in crypto assets. Accessible to everyone.
We want to create an investment category that doesn’t exist yet. We don?t go short, we don?t use levers and we don?t pay attention to day, swing or margin trade. We only invest in crypto products on a long term, based on both fundamental and technical analyses.
The products we invest in, are companies in which we see the future. No companies of which the majority of returned capital is issued to the shareholders. And no companies that only a handful of programmers works on worldwide.
Of course I don?t hold all the wisdom of the universe, and I cannot predict what?s going to be the next Google. But I do believe in technology, which is – I believe – is just as cutting edge as the start of internet. Blockchain is the base, derivatives of Ethereum the programming languages and the current projects are the application based on this programming. We are convinced the crypto market is here to stay and we and our customers would like to get a piece of this pie.
?We are convinced the crypto market is here to stay. We make a profit by investing in products that add usable value on a long term.?Paul Mennema, Founder en managing partner Yieldt
2016, a successful start. I managed to double my investment over the weekend.
2017, an exceptional year with a price appreciation from a little below 1,000 Euro to 16,500 Euro. We then experienced a rude awakening because the market went through a drop and decreased to about 2,900 Euro at the end of 2018.
2019, the year in which Bitcoin?s rate increased from 3,500 Dollars to 14,000 Dollars, and dropped back to 7,200 Dollars again. All in all, a volatile year with a surprising end. We are curious what the end of 2019 will show.
2020, we are convinced the crypto market is here to stay and we would our customers to get a piece of this pie as well.
Do you have a query, require tailor-made advice, or would you like to contact us for another reason?
We would be delighted to speak to you, either by telephone or in a face to face meeting.