Tags : Investor

Bitcoin

Investor who predicted a $400,000 Bitcoin is now calling for

Scott Minerd, chief investment officer of famed investment firm Guggenheim Partners’, says Bitcoin (BTC) could see a 50% drop in the near term as it’s run ‘too far, too fast.’ He made the comments in an appearance on CNBC show Worldwide Exchange yesterday. Guggenheim made it to the crypto history books last year after putting […]Read More

Bitcoin

Legendary investor who bought Bitcoin at $350 says this rally

American investor Bill Miller says Bitcoin’s (BTC) fabled bull run is only getting started despite the asset’s nearly 700% price increase in the past year, a report on news outlet CNBC stated today. Miller is famed for beating SP-500 index returns over a 14-year period—from 1991 to 2005—a feat that made him one of the […]Read More

Bitcoin

Billionaire investor sees “good probability” of a Bitcoin ban

Billionaire investor and founder of Bridgewater Associates Ray Dalio warns that there’s a “good probability” that governments will move to ban Bitcoin. Bitcoin represents a threat to the monopoly of the supply of money The end of 2020 saw Dalio blast Bitcoin on several fronts, including a view that it’s a poor medium of exchange […]Read More

Market

Bitcoin Is ‘Less Risky the Higher It Goes,’ Says Investor

Mutual fund titan Bill Miller is talking bitcoin again. “One of the things that’s interesting about bitcoin is that it gets less risky the higher it goes,” Miller told CNBC Friday. “That’s the opposite of what happens with most stocks.” Miller continued to describe bitcoin as “a supply-and-demand story” with roughly 900 bitcoins created each […]Read More