Why Fund Managers Will Buy Bitcoin At $1 Trillion

And it is true ! Buy Bitcoin now if you have not already , the future is here and the future is now ! ” In the case of bitcoin, institutional investors moved in when the asset was already trading at “moon” prices well above $10,000. But no fund would have held BTC when it swayed from $30 to $2, or from $1,000 to $100. Investors may be yet to move in at much higher valuations – and why not when bitcoin has reached astronomical prices. And then, an expensive BTC can have an air of prestige, hence becoming more in-demand and in-fashion at $1 million per coin. ”

 

https://bitcoinist.com/why-fund-managers-will-buy-bitcoin-btc-at-usd-1-trillion/

Master Asked on December 14, 2019 in Bitcoin.
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