Now’s the time to get long bitcoin, a leading cryptocurrency hedge fund says. Not only is bitcoin out of the doldrums, but it’s onward and upward from here.
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“For those who are new to Pantera who might think a fund manager like Pantera would always be saying ‘Today’s a great day to get long. I rarely have such strong conviction on timing. A wall of institutional money will drive the markets much higher,” according to Pantera’s Dan Morehead and Joey Krug in the note...Click here to know the details story
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Gerelyn Terzo
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Agreed! This quote from legendary investor Bill Miller on crypto about sums it up for me:
We're shedding all the shortsellers finally and should start to see some upward momentum at last
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I was starting to think the claims about volatility were exaggerations. Knowing that the old system owns the Block Chain I was pretty sure it wasn't going to tank completely. The other day Soros was reported as having invested big time in crypto. So for me I am not surprised about the upturn.
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