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Author Topic: [2017-11-28]hedge fund legend "Bitcoin 'easily' reach $40,000 by the end of2018  (Read 861 times)
hugeblack (OP)
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November 28, 2017, 09:16:08 AM
Last edit: May 13, 2019, 02:19:16 PM by hugeblack
 #1

"Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz says on CNBC's "Fast Money."

"Ethereum, which I think just touched $500 or is getting close, could be triple where it is as well," adds Novogratz, formerly a macro hedge fund manager at Fortress Investment Group.

But Novogratz doesn't recommend retail investors put any more than 1 to 3 percent of their net worth in cryptocurrencies, or wealthier investors to put more than 5 to 10 percent.


Soucre https://www.cnbc.com/2017/11/27/bitcoin-could-easily-reach-40000-by-the-end-of-2018-novogratz.html
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