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Aug, 2022

What Kevin O’ Leary Does His Bitcoin ?

In a recent interview, the well-known investor revealed his strategy that followed during the bear market regarding his crypto portfolio. The statement that the market is on transitionary mode, gave him the chance to increase his investments in the “large cap”, like Bitcoin, Ethereum, Solana, and Polygon.


His views on the market?


“The miners have not lose will to produce new Bitcoins as the production cost is around $7,000 per coin, so the profit margins are still enough”


“Cryptos need desperately more regulation, not only for stablecoins but for the entire market”


“Even if we are in negative position, there are new projects that interest is and we want to invest, as long as we see it in the long-term”


Nice food for thought from an experienced investor…