Veteran investor Bill Miller says he has “a lot” of bitcoin. He is still bullish on $BTC despite the recent crypto sell-off. cryptocurrency
Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid net worth in the cryptocurrency.Famed value investor Bill Miller is still bullish about bitcoin despite recent price declines. He confirmed in an interview with CNBC Thursday that he owns “a lot” of bitcoin and hasn’t sold any.
He explained that if bitcoin goes down to half its current price, he wouldn’t be surprised due to its volatility. However, “I would be grim because I own a lot of it,” the fund manager said.The short answer is no. Commenting on investors losing money amid crypto sell-offs last week, Miller said: “If people have lost a lot of money in crypto, they have been speculating on the stuff they don’t know anything about, especially if they are surprised to have lost money because most of the ICOs [initial coin offerings] that came around in 2017 have gone to zero.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A Chat With: Fashion Designer & Business Owner Nicole MillerShe's been in business for four decades. Her name is on everything from furniture to luggage to skincare products. But she is best known for her dresses worn for very special occasions. JessKartalija chats with Nicole Miller.
Read more »
Argentinian Senate Passes Bill That Would Tax Assets Held in Foreign Countries, Including Crypto – Regulation Bitcoin NewsThe Argentinian Senate has approved a new bill that would allow the government to tax assets held by citizens in foreign countries.
Read more »
Bill Maher condemns protests outside Supreme Court justices' homes, calls out White House: 'It's wrong!'The 'Real Time' host warns that the abortion divide could result in a 'secession' between the red and blue states
Read more »
Ed Sheeran selflessly paid for medical bill for The Wanted’s Tom ParkerThe singer called Sheeran a “special man,” and said his kind gesture “meant the world” to him and his wife, Kelsey Parker.
Read more »
Chuck Grassley Slams Democrats' China Immigration BillIowa Republican Sen. Chuck Grassley dropped the hammer on the Democrats’ latest plan to sneak a vast gateway for white-collar immigration into the draft anti-China bill.
Read more »
House Republicans, led by Rep. Roy, introduce bill to suspend entry of illegal immigrants into USHouse Republicans, led by Rep. Chip Roy, R-Texas., on Friday introduced a bill that would suspend the entry of illegal immigrants into the U.S. -- as Republicans push solutions to the raging crisis at the southern border.
Read more »