Not the first and definitely not the last big investor, investing into Bitcoin this year. For those who donβt know, Stan Druckenmiller is arguably the most successful living investor. So many other investors with a lot of money do copy anything that he does and certainly will follow Mr Druckenmiller into Bitcoin investing.
If you don't have a couple of minutes to see the whole interview, there's the most important part:
I own many more times gold than I own bitcoin, but frankly, if the gold bet works, the bitcoin bet will probably work better because it's thinner and more illiquid and has a lot more beta to it.
Here's the whole clip:
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Just to see how bullish I feel right now, here are historical Bitcoin prices for November 9th:
2020 - $15596
2019 - $8798
2018 - $6368
2017 - $7261
2016 - $729
2015 - $367
2014 - $347
2013 - $338
2012 - $10
2011 - $3.00
2010 - $0.27
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Be patient my LamboMoonFrenz, we'll might get to the moon sooner than we originally thought. First we have to cross the $20K and next year, people will start watching closely and later on FOMO in. This time it won't be just people like me ant you. This time it'll be multimillion international companies who will just in and push the price much higher.
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Thank you guys for reading, liking, following, and tipping. Extremely appreciated! π