[2017-04-22]Billionaire Investor Has 10% of His Money in Bitcoin & Ether

[wutard]

Investment in cryptocurrency? Without any credit rating from a top rating agency?
Unbelievable!

Oh, sorry, I leave out that he is FORMER hedge fund manager.

Everyone decides what to invest in. I, too, am ready to invest a large amount of money into the cryptocurrency. And not 10%, but more

He took the risk and he made right now a $100 pure profit in one day for every 1 bitcoin he has. Lucky guy... I want a time machine!

And really very funny. Probably many Bitcoin users have such thoughts about Time Machine. Only imagine how much you can buy Bitcoin and even at the dawn of its development. But this does not happen.

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[cpfreeplz]

10% of a billionaire's net worth is in crypto.
The scary part is what happens if he tries to exit. Can the markets take such shocks?

Well anyone who can do some basic math can tell you that yes it would shock the market, but 10% of a billion or 100million won't crash the market (fully lol).

[zikel]

10% of a billionaire's net worth is in crypto.
The scary part is what happens if he tries to exit. Can the markets take such shocks?

Well anyone who can do some basic math can tell you that yes it would shock the market, but 10% of a billion or 100million won't crash the market (fully lol).

It seems to me that this is the opposite should be a positive impact on the market, or I do not understand the present situation as it is?

[RomanJDS]

He is very pessimistic person. He must say "I am holding 90% of my net worth in digital currencies such as Bitcoin and Ether"

[glerand]

He is very pessimistic person. He must say "I am holding 90% of my net worth in digital currencies such as Bitcoin and Ether"

If that is true, I think he is very optismistic.

[cpfreeplz]

He is very pessimistic person. He must say "I am holding 90% of my net worth in digital currencies such as Bitcoin and Ether"

If that is true, I think he is very optismistic.

ROFL. Read it again, he said the exact opposite. Holding 90% of your assets in anything is stupid/naive/uneducated. Any investor knows you need to spread out your assets into different markets and different asset mixes. If you go all in you're raising your risk exponentially.

[veleten]

wise decision,what can we say more about it
especially seeing ETH grow 100% in just a month's time
from 120$ to 250$ and more,but if Novovitz kept 50% of his funds in bitcoin and ether
he would have ,at least,doubled his assets