BK Capital Management founder Brian Kelly is advising us to invest in Bitcoin right now, and I agree with him, the hedge fund is advising investment while the price is low. But I think this is the turning point (I may be wrong) as we have reached the mining threashold.
Even if Governments (I notice in the daily express today that they think Governments can stop Bitcoin) could stop the cryptocurrency, the price would only remain at the level of the available coin – in other words, the mined Bitcoin sets a base price.
I think if hedge fund managers are talking about investing then it’s a good time too thinks about it. Even on a smaller scale. Personally, I would advise spreading the investment across different cryptocurrencies, especially Ethereum and Ripple who’s market capitalisation are on the increase. Of course, BK Capital Management will only accept a minimum deposit of $250,000, so if you have that kind of money lying around
Be First to Comment