King of Crypto Barry Silbert’s Investment, Success & Prediction About Bitcoin
BARRY SILBERT – Here is the investment, success, and prediction about Bitcoin of the man considered as the “King of Crypto”.
Bitcoin has greatly established a name in the world of cryptocurrencies. It is undeniably very familiar to investors and businessmen who are exploring the field in the hope of growing their wealth.
Investing Bitcoin is a huge risk to take but if it turns out well, visibly, the price really pays. Many people are now millionaires and billionaires because of this cryptocurrency.
Barry Silbert as the “King of Crypto”
One of the top millionaires because of Bitcoin is Barry Silbert. He is the founder of Digital Currency Group which is one of the leading cryptocurrency investment company in the world. He is also the man behind Grayscale Investments, another cryptocurrency investment firm.
Investment
Barry is one of the earliest people to invest in Bitcoin. Truths be told that many of those who are pioneers in taking the risk to invest in the cryptocurrency are among the richest people because of their move. It was in 2009 when the cryptocurrency was launched.
The now “King of Crypto” had invested in Bitcoin since 2012. It was in 2015 when he founded the Digital Currency Group which took the way up. In 2017, there was a price surge in the value of Bitcoin which made several folds of the investment of the earliest investors of the cryptocurrency.
In February 2018, the value of Bitcoin suffered a huge drop that alarmed many investors. However, it is not what the “King of Crypto” felt.
Silbert’s Prediction
In 2018, the huge drop of Bitcoin was taken by Barry Silbert as an opportunity to buy more. As for him, it is why the cryptocurrency was invented.
Based on an article on Blockonomi, the King of Crypto is not enthusiastic about digital tokens unlike the future he sees for Bitcoin. According to him, most of the digital tokens “will go to zero” while Bitcoin is the “king of the cryptocurrency arena”.
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