In a CNBC interview, Pomp Investments’ Anthony Pompliano delivered an optimistic forecast for bitcoin, suggesting a potential rise to 8,000 per unit shortly. He pointed out that historically, bitcoin has doubled its value within 18 days or less after surpassing previous peak prices on three out of four occasions. Pomp Investments’ Founder Envisions Bitcoin Outperforming […]
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Skybridge Capital’s Anthony Scaramucci on Warren Buffett Buying Bitcoin: ‘Never Say Never’
Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has commented on the potential for Berkshire Hathaway, the holding conglomerate founded by Warren Buffett, to buy bitcoin. While acknowledging Buffett’s negative stance on crypto, Scaramucci believes it’s still a possibility. ‘Never say never,’ stated Scaramucci. Skybridge Capital’s Anthony Scaramucci on Berkshire Hathaway Putting Money […]
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Bitcoin ETFs to Likely Divert Users and Trading Volumes Away from CEXs, Says Anthony Bevan
Recently approved spot bitcoin exchange-traded funds (ETFs) are likely to divert investor interest and trading volume away from centralized exchanges (CEXs), according to Anthony Bevan, CEO of the wealth management firm Blockguard. Bevan, a full-time trader and investor, added that spot bitcoin ETFs are likely to attract investors who are keen on “more regulated and mainstream investment avenues.”
Decentralized ETFs
CEXs may have to enhance or upscale their service to match users’ high standards if they are to compete with spot bitcoin ETFs. Commenting on the wealth management system known as decentralized ETFs, the Blockguard CEO claimed that it excels at providing users or investors with “curated portfolios of thoroughly researched and back-tested coins.”
Besides helping investors diversify their investments, decentralized ETFs can make the investment process “more efficient and accessible,” Bevan claimed. In his written answers sent to Bitcoin.com News, the CEO asserts that this wealth management system works because it leverages the blockchain’s key attributes such as decentralization and transparency.
Meanwhile, when asked about the growing incidents in which decentralized finance (defi) platforms are hacked or users lose funds to scammers, Bevan acknowledged that the problem may be getting out of hand. However, the CEO insisted that the mainstream media is only giving excessive coverage to such incidents because it aligns with their goal of steering users away from decentralized finance. Bevan also lists several measures or steps that users can take to minimize the chances of becoming hacking or scam victims.
Below are Bevan’s answers to the answers sent.
Bitcoin.com News (BCN): What are blockchain-powered risk management tools and how do they work to help users minimize the risk of major losses?
Anthony Bevan (AB): Blockchain’s potential for portfolio and risk management is limitless, and this is a cornerstone at Blockguard. Traditional finance users are accustomed to one-stop portfolio management, a gap which needs to be filled within the blockchain sector, offering unparalleled transparency and flexibility. Elevating this, Portfolio Pro categorizes on-chain assets, mitigating risk, providing AI-driven suggestions, and aiding in long-term financial planning.
BCN: Recently, as many as 11 spot bitcoin exchange-traded funds (ETF) were approved by the US Securities and Exchange Commission (SEC). In your view, how are these ETFs going to affect centralized exchanges?
AB: The approval of spot bitcoin ETFs (Exchange-Traded Funds) can impact centralized exchanges by potentially diverting some investor interest and trading volume to the ETF market. It might provide a more regulated and mainstream investment avenue for those who prefer traditional financial instruments.
Centralized exchanges may need to adapt to changing market dynamics and increased competition from ETFs by enhancing their services, exploring new investment products and generally being more customer-focused
BCN: What are decentralized ETFs and how do they work? Do you believe that they could play a vital role in wealth management?
AB: This portfolio management system streamlines investment by providing curated portfolios of thoroughly researched and back-tested coins. With a simple click, users can diversify their investments based on comprehensive data, making the investment process more efficient and accessible. The platform also incorporates a convenient rebalancing mechanism, allowing users to maintain their portfolio allocations effortlessly.
This portfolio management system excels on a blockchain by leveraging the decentralized and transparent nature of the technology. Utilizing blockchain ensures that investment data is secure, tamper-resistant, and easily accessible. Smart contracts can automate portfolio rebalancing, providing users with a trustless and efficient way to manage their assets. Additionally, the transparent nature of blockchain enhances the credibility of the thoroughly researched and back-tested coin data, fostering a greater level of trust among users in the decentralized financial ecosystem.
BCN: Your organization reportedly has a virtual financial advisor that claims to offer users sophisticated financial planning. Can you tell our readers how it works and whether it can help them achieve specific financial goals?
AB: Blockguards Portfolio Pro aims to disrupt the financial planning industry. Utilizing blockchain technology, Portfolio Pro will read each asset a user owns and automatically categorize it. With a CFP on staff, we have created our 4 Financial Blocks that an asset can fall into Liquidity, Cash Flow, Growth, and Risk Mitigation. The user can also manually add off-chain assets if desired while we utilize AI to spot weaknesses or areas of opportunity within the portfolio. The goal planning feature will put the control in the individual’s hands-on achieving their goals.
BCN: What are gold-backed tokens and what’s their appeal to investors? Also, since gold ETFs are already popular in tradfi, why would anyone want to own gold-backed tokens when they can easily access and own gold ETFs?
AB: Our gold back token is a token that’s pegged to the value of 1 gram of gold, there are other larger gold pegged products out there like Paxos and Tether gold, however, we want to allow smaller investors the chance to not just buy the tokenized gold but build up to an amount where they can then have ownership of a solid gold bar (100g)
When an investor buys tokens, they can build them tokens up to 100, once they hit that target, they have the option to convert their tokens into non-fungible tokens (NFT), this NFT will be direct ownership and have a serial number of 1 gold bar in secure storage.
We believe that this concept alone helps a wider market store their funds in 1 of, if not the most well-performing asset over the last centuries. Gold is a great store of value and the ‘normal’ person doesn’t usually have a chance to grow their gold investment due to lack of accessibility, we believe we have solved this problem.
BCN: Today, the governance of Web3 projects is largely done through the project’s native tokens. Do you believe as some say that non-fungible tokens (NFTs) could also be used, or replace tokens, for governance? If yes, what are the pros and cons?
AB: Yes, we ourselves started with a fixed-term staking platform, where users are paid out in stablecoins. The way it works is similar to a traditional hedge fund, the team invests lots of research and due diligence and feeds the returns back to the users.
This platform is a DAO model and each member of the DAO must hold at least 1 NFT, 1 NFT = 1 vote. This could be taken 1 step further with governance for a blockchain, an NFT is after all just a different type of token.
Using NFTs for governance can offer increased transparency, immutability, and security in decision-making processes. NFTs also enable clear ownership and traceability of voting rights, reducing the risk of fraud. I also believe that NFTs have the ability to draw more users to want to engage in governance.
Cons in my opinion are at a low, however, for there to be a high level of decentralization then the NFT collection would need to be very large as a small collection could make the blockchain extremely centralized with wealthy investors taking up all of the control
BCN: According to a report, users lost roughly billion to hacks, scams, and exploits in 2023. The menace of scams, rug pulls, pump-and-dump coins, etc is unlikely to disappear soon. Can you talk about how users can mitigate such risks?
AB: The money lost to malicious people within the space is no doubt a problem, however, I always like to point out to people that the reason the money lost in defi is public knowledge is because of the fear the media wants to put into people, steering them away from decentralized finance.
To put that number into perspective, fraud alone costs people just in the UK around billion and businesses up over 0b. Now these numbers are based on real-world issues, however, these issues are not pushed to the media as much as the issues within defi.
Saying that, we do obviously need to be aware and mitigate loss as much as possible, I will list below what I believe can help in this matter.
- Use reputable platforms: Stick to well-known and regulated cryptocurrency exchanges, try not to leave assets idle on any centralized exchange, I only ever leave trading funds in an exchange, all other assets are in an offline wallet/Multisig safe
- Secure your accounts: Enable two-factor authentication (2FA) and use strong, unique passwords.
- Cold storage: Consider storing a significant portion of your crypto offline in hardware wallets for added security.
- Multisig safe: a wallet that needs multiple signatures to execute a transaction, this adds an extra layer of security for your funds.
- Research projects: Thoroughly investigate before investing in a cryptocurrency project to avoid potential scams.
- Stay informed: Stay updated on security best practices and common scams within the crypto space.
- Beware of phishing: Be cautious of phishing attempts through fake websites, emails, or messages attempting to steal your credentials.
- Diversify wisely: Diversify your crypto investments to mitigate risks associated with specific projects or assets.
- Regularly update software: Keep your wallet software, devices, and antivirus programs up-to-date to address potential vulnerabilities.
- Educate yourself: Understand the basics of blockchain technology, smart contracts, and common crypto scams to make informed decisions.
- Trust your instincts: If something seems too good to be true or feels suspicious, exercise caution and verify information before proceeding.
What are your thoughts about this interview? Let us know what you think in the comments section below.
Skybridge Capital’s Anthony Scaramucci States Biden’s Anti Crypto Policies Will Cost Him the Election
Anthony Scaramucci, founder of Skybridge Capital, a private global investment firm, believes that the anti-crypto policies brought by the Biden administration might affect the outcome of the upcoming elections. He states that 52 million Americans, representing 20% of the voting population, currently own crypto and that most voted for Biden in the previous election.
Anthony Scaramucci: ‘Elizabeth Warren Is Going to Cost Them the Election’
The cryptocurrency issue is slowly becoming part of the U.S. policy agenda. Anthony Scaramucci, former White House communications director and founder of Skybridge Capital, has commented on the possibility that the anti-crypto policies of the Biden Administration might affect the outcome of the upcoming elections.
Scaramucci, a bitcoin believer, stated that more than 52 million Americans are now crypto owners. This constitutes 20% of the voting population in the country, stressing this number is higher than the number of Americans who own an electric vehicle, hold a union card, or go to an NFL game.
According to Scaramucci, 61% of this group voted for Biden and the democratic party in the previous election, but that can change given the current administration’s position on crypto regulation. Scaramucci states that cryptocurrency owners are also overrepresented in states like Pennsylvania, Nevada, Georgia, and Arizona, which hold 52 of the 270 electoral votes needed to win the election.
All of these states are considered swing states for the 2024 election, meaning that these will likely be decided by narrow margins, giving a higher significance to these issues.
Finally, he stated:
Elizabeth Warren is going to cost them the election.
Scaramucci refers to the anti-crypto stance of Senator Warren, who has introduced the Digital Asset Anti-Money Laundering Act, which aims to “close loopholes in current law and bring cryptocurrency companies into greater compliance with the anti-money laundering and countering the financing of terrorism (AMF/CFT) frameworks that govern much of the financial system.”
This bill has been criticized by other lawmakers and industry actors because, if applied, it would force unhosted wallet providers, node operators, and other cryptocurrency entities to face the same level of oversight that traditional financial institutions face.
What do you think about Anthony Scaramucci’s thoughts on the influence of crypto policies over the outcome of the next presidential election? Tell us in the comments section below.
Anthony Scaramucci Reveals Buying Crypto During Crash, Suggests Staying Disciplined
Many crypto investors have sold their assets due to the ongoing market volatility. However, the effects of the crash are still reverberating across all the exchanges and crypto firms.
Some lost liquidity and couldn’t sustain users’ demands, while others downsized their staff capacity. Some investors seized the chance to add to their crypto portfolio amid the chaos. An example of such a future-oriented investor is Anthony Scaramucci.
Scaramucci has revealed that SkyBridge Capital, his firm increased its ETH and BTC volume during the crash. So when others scrambled to sell off to avoid losing all, this firm was busy stacking up for the future.
Related Reading | XRP Consolidates, Is It Going To Retrace Now?
According to Scaramucci, investors should discipline themselves more during the havoc instead of panicking. He pointed out that if Amazon could survive its winter 20 years ago, crypto top contenders would overcome this winter too.
Staying Discipline Is The Key In Crypto
The market reports are not looking good at all. Data shows that June 14 was the worst of the days as most cryptos declined terribly. Right now, the bloodbath keeps deepening, and even the number one crypto BTC fell lower than its records in Q4 of 2020. Ethereum (ETH) is also not doing good as it has slumped lower than its 2018 ATH
These incidents create a lot of fear and panic in the industry. But for Scaramucci, staying disciplined was the best option amid the chaos. He made this stance known during an interview.
Scaramucci has always been a strong supporter of bitcoin. Right now, even when the signs are not positive, he believes that crypto top projects like BTC will rebound like Amazon Stock after the storm. According to Scaramucci, Bitcoin has recently dominated the entire crypto market to higher levels. So, there’s hope it will rebound.
The crypto market shows a sign of recovery | Source: Crypto Total Market Cap on TradingView.com
Regarding the reasons for the continuing downward trend, Scaramucci blames it on the actions taken by both Celsius and Terra during the fall in price. To avoid things like that, the financier advises investors to avoid leverage but stay long.
Related Reading | Bitcoin Amidst Relentless Sell-Off; Is It Targeting ,000 Now?
Scaramucci initially warned investors to be careful when scaling their Bitcoin investments. But, according to his strategy, they should never forget that crypto is here to stay and, as such, must be allocated the right size when investing.
Does Discipline Involve More Investment?
During the interview, Scaramucci was asked his reasons for buying more BTC and ETH. Was the move a part of the discipline he recommends? To answer that, the financier said that stacking up is a part of the discipline.
He believes that after the storm has passed, many people would wish they had bought into the dip instead of playing too safe.
Featured image from pexels, chart from TradingView.com
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Bitcoin On Its Way To $500,000? Anthony Scaramucci Explains How
Bitcoin at 0,000 is a trend that is growing more popular among large investors. Stakeholders in the crypto space like Cathie Wood have expressed that they believed the digital asset could make the half a million-dollar point. Naturally, they do not expect this to happen in one or two years but do believe that it is an inevitable end for the pioneer cryptocurrency.
Anthony Scaramucci, the famed CEO of SkyBridge Capital, has revealed that he, too, shares this forecast for the cryptocurrency. Scaramucci gives his reasons and timeline for this in a recent interview with Kitco News.
Bitcoin Headed To 0K
Scaramucci shared with Kitco News that he sees the price of bitcoin hitting the 0,000 mark. Basically, the reason for this falls on the adoption trend of the digital asset. This trend has been compared to that of the internet in the ‘90s, which saw accelerated growth triggered in the next decade. BTC has been on a more accelerated timeline, so the next five years would spell exponential growth if it sticks to its current trend.
This accelerated adoption has led the digital asset’s value to grow very fast in a short time. Its growth on the four to five-year chart shows unprecedented levels of growth for bitcoin.
Related Reading | ‘Bitcoin Rush’: Small-Time Solo Miners Strike Gold With Full BTC Blocks
“Bitcoin has had at least 50% decline 10 times since 2012,” said Scaramucci.” In the last year, we’ve had two 50% declines, obviously the most recent one but also one in May of 2021, so if you’re long Bitcoin, you have to subject yourself to this type of volatility move.”
Scaramucci, however, did not provide a timeline for when he believes that bitcoin’s price will ultimately hit the 0,000 mark.
The Downtrend Won’t Last
Scaramucci also touched on the recent downtrend that bitcoin and the market at large had been experiencing. Losing a lot of value in a short amount of time is not new to the market due to its highly volatile nature and the CEO explained that this is nothing to be worried about. The CEO told Kitco News that the current downtrend will not last and bitcoin will recover.
BTC trading north of ,000 | Source: BTCUSD on TradingView.com
He also emphasized the need for looking towards the long term. Adding that those who hold for the long-term will end up with the most reward, comparing bitcoin to the years that Amazon stock was in a downtrend.
Related Reading | 30,000 Bitcoin Holders Lose Millionaire Status Following Market Crash
“I’ll just point out that people in Web 1.0, if the same sort of situation happened for Amazon and if you were wise enough and disciplined enough to hold Amazon and let that company take full advantage of the network effects associated with it, you did very well, and I think that’s going to happen with Bitcoin,” the CEO said.
As for what triggered the sell-off that started the downtrend, the CEO said it is hard to tell. However, the digital asset is “now very tightly correlated with the higher growth, higher risk Nasdaq stocks.”
Featured image from TIME, chart from TradingView.com
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Anthony Scaramucci Urges Bitcoin Holders To Think Long-Term As Downtrend Won’t Last
The bitcoin downtrend has no doubt rocked investors to their core. This is evidenced by the decline of the Fear & Greed Index into the extreme fear territory, reaching as low as 11 on the scale. Investors, understandably, are wary of the market and what the next few weeks, and by extension, months, may hold for them. If this is the beginning of a bear market, then there could be another two-year wait to the next bull rally.
Anthony Scaramucci has however urged bitcoin investors not to despair during this time. Despite the market crash that sent the digital asset to six-month lows, Scaramucci, who is the CEO of Skybridge Capital, has told investors to look towards the long-term when investing in bitcoin.
The Bitcoin Crash Is Temporary
The CEO was on CNBC’s Squawk Box to talk about the crypto market. In this interview, Scaramucci shared some insight into how he viewed the market and the current crash, which he does not believe is a cause for alarm. He urged bitcoin buyers to take some time to cool off from the market, advising them to look toward long-term investing instead of what the market is doing right now.
Related Reading | Has Bitcoin Reached Its Bottom? Analyst Says It Still Has A Long Way To Go
Holding bitcoin for the long-term has always been the mantra of bitcoin maximalists, who believe more in the future of the digital asset than what it is doing in the present. Scaramucci has resonated with this in his latest advice. The CEO explained that bitcoin investors need to buy the digital asset for the long-term, as well as other cryptocurrencies which he expects to do well in the future.
BTC trading north of ,000 | Source: BTCUSD on TradingView.com
Scaramucci pointed to the fact that a lot of investors say that they are invested in the long-term but yet are fazed by what happens in the short term. “Everyone is a long-term investor until you have short-term losses, and then you start freaking out,” said the CEO. “Take a chill pill, stay long bitcoin, other cryptocurrencies like Algorand and Ethereum, and I think you’re going to be very well-served long-term in those investments,” he advised investors.
Forget The Dollar, BTC Is BTC
Currently, the value of bitcoin is derived from how much it sells when compared to the dollar. This is how investors measure their holdings and how well they are doing in the market. However, Scaramucci rejects this idea of valuing bitcoin in terms of dollar figures and urges investors to just look at the digital asset for what it is; bitcoin. For the CEO, BTC is BTC and the dollar is the dollar.
Related Reading | Bitcoin Whales Take Advantage Of Market Crash To Gobble Up Millions In BTC
He revealed that he tells clients of his investment firm SkyBridge Capital to invest in cryptocurrencies as long as they size it appropriately. “I don’t want my clients to miss this. I’m telling them to size it appropriately — that’s a 1% to 3% allocation, 1% to 4% at cost.” This is because the CEO believes that cryptocurrencies like bitcoin are inevitably going to be a part of the future.
Scaramucci also advised investors who get overly excited when they are investing in the market. He supports the idea of putting a small percentage of an investment portfolio into cryptocurrencies but cautioned against trying to lever digital assets like bitcoin due to its high volatility and the uncertainty that still clouds the digital asset. “It would be like levering Amazon back in 1998, ’99 and 2000,” the CEO warned.
Featured image from Vanity Fair, chart from TradingView.com
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Anthony Di Lorio To Leave Cryptocurrency Space For Philanthropic Initiatives
The Co-founder of the second-largest cryptocurrency in the industry, Ethereum, is set to cut ties permanently with crypto.
According to the latest news, Anthony Di Lorio plans to sell his newest venture, “Decentral,” and face philanthropic initiatives by 2022. According to what Di Lorio revealed, his plans stem partly from fears about his security.
Related Reading | Ether EFT Gets Approval From Brazilian Securities Regulator
The Ethereum co-founder revealed these plans to our source through an interview that they had over the phone.
During the session, he stated that he doesn’t want to be remembered as a cryptocurrency person but as a “problem solver” However, he also pointed out that the worries about his security contributed at least 20% to his decision to quit the industry.
But to achieve the problem-solving legacy, the Di Lorio is set to start a foundation in 2022.
A Foundation with Cryptocurrency Principles
According to Di Lorio, his upcoming foundation would operate on the principles he had earlier developed in the crypto industry. He also mentioned that he might adopt blockchain technology into his operations to solve larger problems.
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The Ethereum co-founder also revealed that the funding for the foundation would come from his holdings. However, he refused to disclose the amount of money he will get from selling Decentral.
Instead, he only mentioned that his latest venture is valued at a “few hundred million dollars” Concerning the sale of Decentral, Di Lorio disclosed that he has discussed with suitors and might sell the venture for fiat or use it to join another business outside cryptocurrency sector.
As for the worth of Di Lorio himself, Forbes had placed him at billion back in 2018. This was even when ETH has not risen to what it is currently. Let’s recall that Di Lorio announced his retirement from Decentral in 2019 to serve instead as its board chairman.
The Ethereum co-founder established the firm to provide wallet & crypto services. But after few months of making the announcement, Di Lorie came back to managing the firm full-time and delaying the plans to move towards philanthropy.
Will Di Lorio Cut All Ties With cryptocurrency Sector?
Di Lorio may be selling his firm Decentral and leaving cryptocurrency space, but he’s not planning to leave his principles behind.
He is not a blockchain-averse entrepreneur meaning that he might still adapt it to support his upcoming plans. Di Lorio told our source that crypto is one of the tools he has in his belt in his statements.
Related Reading | Binance CEO Changpeng Zhao States, “Compliance Is A Journey.”
He further revealed that a public relations company is already part of his team for the foundation.
Also, they’re planning to hire more employees and also scale up their operations. According to him, the new foundation will work to resolve any issues and across industries.
After the news of Anthony Di Lorio parting ways from the Crypto space, the price of ETH has fallen Below ,800 | Source: ETHUSD on TradingView.com
Featured image from Pixabay, chart from TradingView.com
I Stand By My $100,000 Bitcoin Price Target, Anthony Scaramucci
Anthony Scaramucci has again reiterated his stand on why he thinks bitcoin will still hit the 0,000 price target he had earlier set. Scaramucci had put forth this forecast when he was on Yahoo! Finance earlier in the year. The founder explained that bitcoin could easily be trading at 0,000 in 12 months.
Anthony Scaramucci who founded Skybridge Capital in 2005 has not always been bullish on bitcoin. But has slowly come around over the years and has now gotten into bitcoin. The CEO believes that more and more funds will get into bitcoin as time passes. His message to other money managers had been that he believed the performance of their funds will eventually be benched off of bitcoin.
Related Reading | Bitcoin Whale Warns Of “November 2018 Vibes.” What This Means
Scaramucci took this one step further when he founded the Skybridge Bitcoin Fund early this year. An institutional-grade fund that was created specifically to invest in bitcoin, which it considers to be the largest and most liquid digital asset.
Although the fund is less than a year old, it has already posted returns of about 50% in the second quarter of the year.
Bitcoin Still Has Some Growing To Do
Bitcoin price has consistently traded for about half its all-time high for the past month. Give or take some price spikes and dips over the weeks pushing it further down or up as the case may be. But the price of bitcoin generally remains on the low side. Despite this, Scaramucci still believes that the price of bitcoin is destined for 0,000 in the next year.
Related Reading | Bitcoin Whales Accumulate 60,000 Bitcoins In A Day. What Happens Now?
In the interview, Anthony Scaramucci explained that a leverage blow-off top had happened to coincide with the launch of the famed Coinbase IPO. Alluding to this, he said this made it so that any little bit of bad news in such a leverage system will always result in a price shock in the market.
Scaramucci went ahead to add that for every bit of bad news surrounding bitcoin that was seen in the market, there has always been some good news. The number of funds coming into the market has increased. With more expected to come in.
Bitcoin price breaks ,000 | Source: BTCUSD on TradingView.com
Adoption news rocked the markets as El Salvador adopted bitcoin as a legal tender back in June, with plans to officially implement it in September this year.
Commenting on the volatility, the CEO said this relates to the level of adoption in the world today. Pointing out that only about 2% of the world currently uses bitcoin.
Ethereum And Other Altcoins
Scaramucci’s faith in the bitcoin market also seems to extend to other digital assets. About a week ago, Scaramucci’s Skybridge Capital had launched an Ethereum fund. Following this, the firm had filed for an Ether ETF with the SEC. Alongside an already pending Bitcoin ETF that the firm had filed earlier in the year for its Bitcoin Fund.
Related Reading | Ethereum Tests ,300 Range As Market Adds Billion
The founder has been very optimistic about the success of this Ethereum Fund. Even adding that he believes this fund would be able to raise more than 0 million from investors.
On top of this, Scaramucci revealed in the interview that he was researching other potential altcoins in order to launch a similar fund. But has so far been conservative due to the incredibly speculative nature of the space.
“We are going with the top-tier tokens. I tell clients repeatedly that there’s high risk and volatility in this. We believe that certain tokens will be adapted and very successful. Meaning over the next 20 years, I do believe bitcoin will be with us and scaling. I feel the same way about ethereum.” Anthony Scaramucci, Founder, Skybridge Capital.
Related Reading | Scaramucci’s Skybridge Capital Launches Ethereum Fund
Speaking with regards to dealing with the bear market, Scaramucci said that one needs to position size over the long term. According to him, if you’re going to be looking at your portfolio every day, then you probably should not be in the crypto market.
Featured image from Archyde, chart from TradingView.com
Bitcoins Price Will Go Below $3,000, Anthony Pompliano Tells Mainstream Media
n A drop is in store for Bitcoin, taking it below 00 in the short term, warns Anthony Pomplianon
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