In January 2018, renowned investor, George Soros, described Bitcoin as a classic bubble. His comment came just as the market was reaching the pinnacle of its last bull run.
One of Soros’ most audacious investment ideas is to invest in bubbles in their early phases, which he thinks is not irrational; when he sees a bubble developing, he rushes in to purchase, giving gasoline to the fire.
Soros famously purchased gold during a big rise in early 2010 and then stepped back before the bubble broke.
Fitzpatrick is also reported to be in negotiations to buy a private investment in a major blockchain-based company; however, the company did not reveal the names of these firms.
MyCryptoParadise
Forum rules
If you are posting news, press or any other related material that directly or in-directly benefits you, we request that you post a back-link to bitcoin.com by using a button, banner or text-link on your website. Thanks for supporting Bitcoin.com!
If you are posting news, press or any other related material that directly or in-directly benefits you, we request that you post a back-link to bitcoin.com by using a button, banner or text-link on your website. Thanks for supporting Bitcoin.com!
-
MarkRoberts
- Bronze Bitcoiner
- Posts: 483
- Joined: Wed Jan 13, 2021 10:19 am
Who is online
Users browsing this forum: No registered users and 4 guests