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TV star Kevin O’Leary has increased investment in bitcoin in terms of crypto winter

by Vaibhav
August 6, 2022
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Investor and Shark Tank star Kevin O’Leary in an interview Stansberry Research spoke about the increase in positions in digital assets, despite the bearish cycle in the cryptocurrency market.

“I have always said that you will face volatility in an industry that is not regulated,” he recalled.

O’Leary has invested in “large market cap cryptocurrencies like Ethereum and Bitcoin.”

“Why not increase the position if you are going to stay in the market for a long time?” he said.

The TV star considers one of the main current problems of the crypto industry to be the lack of sufficient acceptance of digital assets among institutional investors.

See also  Charles Munger proposes to ban cryptocurrencies in the US

Recall that in April O’Leary said that he holds 32 positions in cryptocurrencies, including Bitcoin and Solana.

Earlier, he expressed interest in buying shares of mining companies that use green energy.

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Investor and Shark Tank star Kevin O’Leary in an interview Stansberry Research spoke about the increase in positions in digital assets, despite the bearish cycle in the cryptocurrency market.

“I have always said that you will face volatility in an industry that is not regulated,” he recalled.

O’Leary has invested in “large market cap cryptocurrencies like Ethereum and Bitcoin.”

“Why not increase the position if you are going to stay in the market for a long time?” he said.

The TV star considers one of the main current problems of the crypto industry to be the lack of sufficient acceptance of digital assets among institutional investors.

See also  David Marcus called the creation of bitcoin a "big bang for cryptocurrencies"

Recall that in April O’Leary said that he holds 32 positions in cryptocurrencies, including Bitcoin and Solana.

Earlier, he expressed interest in buying shares of mining companies that use green energy.

Read Cryplogger bitcoin news in our Telegram – Cryptocurrency news, courses and analytics.

Found a mistake in the text? Select it and press CTRL+ENTER

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