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Скачать или смотреть Bill Miller holds bitcoin | Billionaire Bill Miller said that he still looks positively at bitcoin

  • CRYPTOSSOURCE
  • 2022-12-22
  • 91
Bill Miller holds bitcoin | Billionaire Bill Miller said that he still looks positively at bitcoin
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Bill Miller holds bitcoin | Billionaire Bill Miller said that he still looks positively at bitcoin

Billionaire Bill Miller said that he still continues to hold bitcoin, shares of Coinbase and Silvergate crypto bank. “I personally own Bitcoins, we also own Bitcoins in some private accounts. We own shares in Coinbase Global and Silvergate Capital. Coinbase is a real company headquartered in the US. It is transparent and dominates the crypto space. There are opportunities there. Even more interesting, but less reliable, is Silvergate, which is insured by the FDIC. And because it's a bank, it's subject to banking rules. A year ago, his shares were worth 155 dollars; 17 dollars today,” he said. He also noted that the collapse of FTX did not affect his attitude towards the crypto market. “First, I want to make a distinction between bitcoin, which I see as a potential store of value, like digital gold, and all other cryptocurrencies that can be categorized as venture speculation. Most of them, like most venture investments, will fail. But I have never heard a strong argument that you should not invest at least 1 percent of your wealth in bitcoin. Anyone can afford to lose 1 percent. At the 2020 market low, it was worth 5,800 dollars. Since then, the market has grown by 70 percent, and bitcoin has grown by 190 percent. If someone has a time horizon of more than a year, then you should succeed in bitcoin,” he added. According to Miller, due to the collapse of FTX, Bitcoin should have fallen another two from the current levels, but continues to show strength and stays in the 17,000 dollars range. The billionaire also suggested that when the Fed starts easing monetary policy, then the first cryptocurrency will respond with growth. “I usually thrive on inactivity. I don't like to sell anything unless I'm forced to by margin calls. I recently bought more Amazon. I bought Silvergate a week ago and look forward to buying more Coinbase. Think about it, if you sell shares at a profit, you will pay more than 20 percent capital gains tax. I try to buy assets that I will never have to sell,” he added.

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