What are the famous big bitcoin investors thinking right now ..?

2 39
Sponsors of CryptoEd0
empty
empty
empty

Hello everyone.

Today I want to tell you some news.

Striking Bitcoin Comment From Investor Bill Miller!


Bitcoin plays a critical role in times of crisis

The founder and chief investment officer of Miller Value Partners likens Bitcoin (BTC) to digital gold. According to Miller, BTC acts as a store of value. The executive's comments came after the US and EU announced that prominent Russian oligarchs were freezing their assets and imposing large-scale sanctions on the country. Miller said he sees this as a potential problem that countries will try to solve. According to the seasoned billionaire investor, Bitcoin (BTC) has a chance to become the new reserve currency for countries in emergencies. The famous entrepreneur states that Bitcoin will allow individuals and countries to control their assets without fear of sanctions that cut their foreign currency reserves.

While many countries, especially the USA, impose sanctions on Russia and Russian businessmen, according to experts, Bitcoin and cryptocurrencies can reduce the effect of the sanctions imposed by the West.

Russian billionaires can circumvent sanctions thanks to cryptocurrencies. The United States began to impose harsh sanctions against Russia, which began invading Ukraine. He also stressed that the European Union will impose large-scale and targeted sanctions. Despite these concrete steps to weaken the Russian economy, these sanctions may not be very effective for a country like Russia, which already uses cryptocurrencies widely. As in the case of Iran, countries that have been sanctioned generally try to circumvent these sanctions in various ways. Miller invests heavily in Bitcoin (BTC). BTC represents 50 percent of his personal assets.

However, experts stated that centralized exchanges can detect Russia-based transactions by tracking transactions on the Blockchain network. None of the Russian billionaires on the sanction list have yet openly stated that they own cryptocurrencies. According to research, 12 percent of Russian citizens declared that they own cryptocurrencies.

Stunning Inflation And Bitcoin Statement From Kiyosaki!


How to make money during inflation?

Robert Kiyosaki made striking statements about inflation and Bitcoin to his 1.8 million Twitter followers. Rich Dad Poor Dad is an important book written by Kiyosaki and Sharon Lechter in 1997. The book has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been translated into more than 51 languages in more than 109 countries. Kiyosaki tweeted on Friday:

''HOW TO PROFIT FROM INFLATION. Biden wants inflation. I counter his criminal actions by investing in Texas and N. Dakota OIL. Just bought a GOLD mine in Utah. Investing in Texas APARTMENTS houses. Saving GOLD, SILVER, BITCOIN. Don’t be a BIDEN victim. Invest like a CAPITALIST.''

Kiyosaki has warned investors about inflation several times before. The economist accuses President Joe Biden, his administration and the Fed of destroying the dollar. The author also warned of a major economic crisis last year. In November, he said he had similarly bought more gold, silver, Bitcoin, ethereum, real estate and oil as inflation concerns rose.

Bitcoin message: buy bottom

Kiyosaki is known for frequently giving investment and financial advice on social media. The economist, in his post on Twitter in January, emphasized that the correction in the market is an excellent opportunity to make money. The famous writer pointed out that the markets offer discounts and that it is the best time to buy. According to the expert, the stock market claimed that this is the best time to get rich, as Bitcoin and gold depreciate. Kiyosaki said, “Great news. The NASDAQ fell 2 percent, gold 0.2 percent, Bitcoin 1.4 percent and S&P 1.6 percent. Markets are crashing. The Fed doesn't print money. Wonderful news. Market crashes are the best time to get rich. Go shopping when Walmart and financial markets are on sale.” made the statement.

Kiyosaki, who has little faith in traditional markets and has always been a big supporter of cryptocurrency investments, believes in the possibility of a rebound in markets and equities soon. That's why he recommends buying the stock and Bitcoin (BTC) dips.


As we will remember, in November 2021, Bitcoin rose to $ 69,000 by making ATH. Although it is far from those levels for now, Bloomberg analyst Mike McGlone stated that Bitcoin (BTC) and cryptocurrencies show a diverging power, especially when compared to stock markets.Mike McGlone said in his past statements that the corrective action that many expected, especially for stock markets, was delayed. Despite this situation, the analyst made the analogy of “digital gold” for Bitcoin, stating that the price of Bitcoin (BTC) “shows a diverging power” in his statement on the Twitter platform. The analyst stated that Bitcoin is ready for victory and that after the ATH it made last year, BTC will be subject to deflationary pressures.

McGlone: “BTC is moving towards global digital collateral”


On the other hand, the Analyst stated that the losses experienced by BTC in 2022 are half the losses of the Nasdaq 100, and stated that he thinks it is taking firm steps towards becoming a global digital collateral for Bitcoin. Here is Mike McGlone's tweet on the subject:

''#Bitcoin $40,000 or #Nasdaq 14,000? Digital #Gold Set to Prevail - Bitcoin faces deflationary forces after 2021 excesses, but the crypto shows divergent strength. With 2002 losses less than half those for the Nasdaq 100, Bitcoin may be maturing toward global digital collateral''

As we may remember, the occupation between Russia and Ukraine started on February 24, and BTC had a short-term decline. On that date, McGlone said that “despite the presence of negative risks, this decline presents a pretty good buying opportunity for long-term investors.”


and let's look at the fear and greed index

5
$ 1.44
$ 1.32 from @TheRandomRewarder
$ 0.05 from @Alther
$ 0.03 from @Jeansapphire39
+ 2
Sponsors of CryptoEd0
empty
empty
empty

Comments

My dear friend, you have given new and useful information about Bitcoin. The fact that big investors are investing in digital currency these days, and encouraging others to do so, could be a huge success for the digital currency market.

$ 0.00
2 years ago

you are right my dear friend.. thank you very much.

$ 0.00
2 years ago