During a recent interview with the British entrepreneur and Investor Rob Moore, the well-known venture capitalists and Bitcoin-said-COP Tim Draper, that he had next to BTC is still “a lot of other crypto-currencies” in his repertoire.
According to his own statement, that is the reason why the Portfolio of the Bitcoin evangelists and billionaire, during the lock downs “surprisingly high”. How much money he has actually invested in Bitcoin & co., he did not want to betray, but for this, he hinted, of what crypto-currencies, among others, also a place in his Portfolio have found.
The Dollar drives them into the arms of Bitcoin
So how many other Bitcoin advocates is convinced Draper to assume that the US Dollar is doomed. The US Central Bank has printed in the wind 9 trillion dollars, undermining, according to Draper, the confidence of the people in the currency and drives it straight into the open arms of Bitcoin:
There are only 21 million of them and they will always be valuable, while the governments always have to show less.
While Draper believes that Bitcoin will continue to be measured in terms of market capitalization, the number 1, he had also words of praise for the greatest Hardfork of the leading crypto-currency left. In an Interview in December of 2019, he hinted, that, in his opinion, “some smart people” working on Bitcoin Cash.
The venture capital investor and his Investments are involved, since 2016 is also in Ethereum. However, he expressed last year, his concerns due to the emission rate of ETH. In his opinion, important components of the success story of a crypto-currency border, decentralization and a fixed range with a clear upper.
This is the part that I don’t like, the concentration there. The whole point of decentralisation. You want to be a fixed number.
Draper expects to see a Bitcoin price of$ 250,000 until 2014
Draper has already has in the past demonstrated that he has a fine nose for upcoming Trends. He also belongs to the early investors of Skype and Tesla. At the same time, he predicted in 2014 that the price of Bitcoin would reach$ 10,000. This corresponded at that time, a tenfold increase from the former high of around 1,000$.
Now he expects the Bitcoin forecast rates until 2023, and write the first$ 250,000 is reached. While the sounds used for some high, shows the past, that a tenfold increase of the recent highs is quite Possible.
In Bitcoin to invest – here it is made easy for you
You should the value of Bitcoin and other crypto currencies to be convinced and come to you as a result of your own research, the decision to want to be in Bitcoin, Ethereum, Stellar or other Cryptos to invest, then you need 2 essential things:
A safe trading place and a good investment strategy.
It should be missing you in an investment strategy, then we recommend you take a look at the education article of Bitcoin to take place, in the you you 2 of the most efficient and at the same time the simplest investment to introduce strategies and using data to evaluate.
In Bitcoin Advisor, investing – learn the strategies the pros use and will self-Averaging to Dollar Cost Averaging vs. Dollar Value – What is the most profitable strategy? Here you will find out.
When it comes to a trading platform, we put you to the Test-winner of our exchanges-comparison of heart: eToro.
In particular newcomers in the field of crypto-currencies place a great value on a high level of comfort. At the beginning of the Setup of Bitcoin Wallets and the manual Sending of BTC may be acting as a deterrent. In such a case, it is advisable to start with a reliable, regulated Broker that you
trading with Leverage (2x),taking Long and Short positions,deposits via PayPal,the Sending of real Bitcoins in your Wallet andthe use of a wide range of trading tools,without a Download of any Software is necessary.
All of these benefits offers you the world’s leading Social Trading platform eToro.
Here you will benefit from a pleasant Design and easy and intuitive operation with customer service around the clock. Register today, without obligation, and try out all the features of the platform, without being forced to trade with real money.
75 % of private CFD accounts lose money. No EU investor protection.