Idgaf how much I could make from ether, it's just another shitty centralized currency that I want nothing to do with. It's the opposite of what all cryptocurrencies should stand for. I think he's just a follower and he only invested because they're the biggest. That's pretty dumb and takes almost 0 knowledge. Oh durp these 2 look good since they're the biggest. Great analysis.
Maybe he invested for that very thing, because it's something different. We don't know what the governments will do, maybe they won't like the idea of a decentralized crypto taking over the financial sector. This would be a chance for ETH, to fill the niche and become accepted where Bitcoin is being fought and banned. He's smart, he's dividing his assets and investing in two different platforms that don't depend on each other. 
Topic: [2017-04-22]Billionaire Investor Has 10% of His Money in Bitcoin & Ether - page 2. (Read 22463 times)
April 22, 2017, 01:05:35 PM
April 22, 2017, 12:50:31 PM
I like how people that were totally not into crypto have made an important shift to allocate a serious percentage of their wealth/capital into Bitcoin and Ether. It doesn't happen quite often that people move out their comfort zone to try out something new with a massive potential. I hope more money from non crypto people will flow into Bitcoin, where I aim at them taking a long term position in Bitcoin (preferably as store of value).
The transaction of the bitcoin is too slow so that has detered many potential investors.
Not really. It's the confirmation times that you are referring to, and not the transaction speed as it is nearly instant. Investors just buy themselves a position into Bitcoin and let it rest for a good while. Traders use exchanges to trade on, and thus there isn't anything that bothers them. The slower confirmations affect those that use Bitcoin to send and receive transactions, but refuse to add proper fees.
April 22, 2017, 12:35:37 PM
Idgaf how much I could make from ether, it's just another shitty centralized currency that I want nothing to do with. It's the opposite of what all cryptocurrencies should stand for. I think he's just a follower and he only invested because they're the biggest. That's pretty dumb and takes almost 0 knowledge. Oh durp these 2 look good since they're the biggest. Great analysis.
April 22, 2017, 12:26:59 PM
I like how people that were totally not into crypto have made an important shift to allocate a serious percentage of their wealth/capital into Bitcoin and Ether. It doesn't happen quite often that people move out their comfort zone to try out something new with a massive potential. I hope more money from non crypto people will flow into Bitcoin, where I aim at them taking a long term position in Bitcoin (preferably as store of value).
The transaction of the bitcoin is too slow so that has detered many potential investors.
April 22, 2017, 12:03:57 PM
I like how people that were totally not into crypto have made an important shift to allocate a serious percentage of their wealth/capital into Bitcoin and Ether. It doesn't happen quite often that people move out their comfort zone to try out something new with a massive potential. I hope more money from non crypto people will flow into Bitcoin, where I aim at them taking a long term position in Bitcoin (preferably as store of value).
April 22, 2017, 11:41:09 AM
They have found a safe haven in investing in bitcoin and other crypto's. Those guys really know how to make money and putting some in crypto-currency is just another portfolio's for them. Indeed, it is wise to diversify your investments across different portfolio's, as you should not put all your eggs in one basket. I'm sure he is not the only one that have big investments in bitcoin, but there are still who haven't go out in the open yet.
April 21, 2017, 09:41:43 PM
Billionaire investor Mike Novogratz has said that he is holding ten percent of his net worth in digital currencies such as Bitcoin and Ether.
Speaking at a recent forum held at the Harvard Business School Club of New York, Novogratz, who is a former hedge fund manager at Fortress Investment Group and a Goldman Sachs partner, made the Forbes billionaire list in 2008.
According to a report from CNN Money, during his talk, Novogratz declined to disclose how much his net worth was, but said that investing in the digital currency space, was:
// Get exclusive analysis of bitcoin and learn from our tutorials. Join Hacked.com for just $39 now. //
The best investment of my life.
The Rise and Fall of Bitcoin
Just this year alone, bitcoin has had a rollercoaster ride that has seen its price rise to a high of $1,350 at the beginning of March and then drop below $1,000 after the SEC’s ETF rejection before steadily picking itself up again to trade around the $1,200 today. Certainly not an investment choice for the fainted hearted, the digital currency space is surpassing most people’s expectations and appears to be continuing its upward trend.
So much so, that Novogratz is of the opinion that the price of Bitcoin could increase to as high as $2,000. He’s not the only one, though, who is projecting high prices for the currency. Bobby Lee, BTCC’s co-founder and CEO, predicted late February that Bitcoin could increase to between $5,000 and $11,000 by 2020, after the block reward halving.
However, while Novogratz seems happy with his investments in Bitcoin, he added during his talk that there could be ‘a bubble’ in digital currencies. One way that he is avoiding any potential pitfalls is by also investing in the second largest digital currency, Ether.
When the billionaire initially invested in Ethereum, it was worth around $1; today, its price has risen to just under $50.
Interest in Ether Piques
When Novogratz was still at Fortress Investment Group, he helped the company invest in bitcoin.
However, since leaving at the end of 2015, the former hedge fund manager has been showing a keen interest in Bitcoin’s rival cryptocurrency, Ether, which has attracted a large following who are keen for its value to rise.
For those who can, it appears as though investing in the digital currency space is becoming a viable method to make some money.
How long it remains is to be seen, but while it’s important to know when to invest in the currency, it’s just as important to know when to sell too.
https://www.cryptocoinsnews.com/billionaire-investor-has-10-of-his-money-in-bitcoin-ether/
Speaking at a recent forum held at the Harvard Business School Club of New York, Novogratz, who is a former hedge fund manager at Fortress Investment Group and a Goldman Sachs partner, made the Forbes billionaire list in 2008.
According to a report from CNN Money, during his talk, Novogratz declined to disclose how much his net worth was, but said that investing in the digital currency space, was:
// Get exclusive analysis of bitcoin and learn from our tutorials. Join Hacked.com for just $39 now. //
The best investment of my life.
The Rise and Fall of Bitcoin
Just this year alone, bitcoin has had a rollercoaster ride that has seen its price rise to a high of $1,350 at the beginning of March and then drop below $1,000 after the SEC’s ETF rejection before steadily picking itself up again to trade around the $1,200 today. Certainly not an investment choice for the fainted hearted, the digital currency space is surpassing most people’s expectations and appears to be continuing its upward trend.
So much so, that Novogratz is of the opinion that the price of Bitcoin could increase to as high as $2,000. He’s not the only one, though, who is projecting high prices for the currency. Bobby Lee, BTCC’s co-founder and CEO, predicted late February that Bitcoin could increase to between $5,000 and $11,000 by 2020, after the block reward halving.
However, while Novogratz seems happy with his investments in Bitcoin, he added during his talk that there could be ‘a bubble’ in digital currencies. One way that he is avoiding any potential pitfalls is by also investing in the second largest digital currency, Ether.
When the billionaire initially invested in Ethereum, it was worth around $1; today, its price has risen to just under $50.
Interest in Ether Piques
When Novogratz was still at Fortress Investment Group, he helped the company invest in bitcoin.
However, since leaving at the end of 2015, the former hedge fund manager has been showing a keen interest in Bitcoin’s rival cryptocurrency, Ether, which has attracted a large following who are keen for its value to rise.
For those who can, it appears as though investing in the digital currency space is becoming a viable method to make some money.
How long it remains is to be seen, but while it’s important to know when to invest in the currency, it’s just as important to know when to sell too.
https://www.cryptocoinsnews.com/billionaire-investor-has-10-of-his-money-in-bitcoin-ether/
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