10.1 C
New York
Sunday, April 18, 2021
More

    Canadian investor predicted 20 times growth in bitcoin capitalization : prediction 2021

    Canadian investor and TV presenter Kevin O’Leary predicted that the market capitalization of the first digital coin could reach $ 20 trillion.

    The investor noted that the cost of Bitcoin at $ 100 thousand does not seem crazy to him.

    CT Forcast: Crypto Price Analysis

    Do you know Bitcoin Price May Fall Ahead Of Chinese New Year says analyst yes, its true but this technical indicator can give you laser sharp entry points to invest money in cryptocurrency consistently.

    Now the main digital coin is trading at $ 50.4 thousand, and its market capitalization is $ 924 billion.

    Kevin O’Leary tweeted that he plans to invest 3% of his portfolio in cryptocurrency.

    It is noteworthy that the investor was never able to decide what bitcoin is. (Also Read: Forex Trading Guide 2021: System “Inside bar and Bollinger bands”)

    According to him, cryptocurrency can be an asset, property and payment instrument at the same time.

    The investor urged not to buy bitcoins that were mined on Chinese mining farms, and also not to store digital coins of “bad” origin in wallets.

    China proposed to ban the mining of cryptocurrency

    According to the millionaire, the best way to get cryptocurrency is to mine it yourself. He argues that it should be important for the end investor where the digital currency was mined and what kind of energy was used for this.

    Sberbank Stock Price Forecast: Sberbank’s financial results look very confident, without any obvious weaknesses

    O’Leary himself prefers to mine bitcoin in Denmark, Canada and Iceland, where green energy is actively developing.

    Latest Posts

    spot_imgspot_img

    Don't Miss

    Stay in touch

    To be updated with all the latest news, offers and special announcements.