DCG CEO: If the BTC used for investment was held until now, the investment return would be higher

avatar
PANews
04-18
This article is machine translated
Show original

PANews reported on April 18 that according to Cointelegraph, Barry Silber, CEO of Digital Currency Group (DCG), said in Raoul Pal's "Journey Man" podcast that if he had simply held the Bitcoin he bought when investing in early crypto projects around 2012, he would have achieved higher investment returns. He claimed that he discovered Bitcoin in 2011, buying it at $7-8 per coin, and after Bitcoin's price rose, Silber began looking for early crypto companies to invest in. Silber said: "I made a lot of investments with Bitcoin at the time, and you might think that if you invested in Coinbase, you would have made a fortune. But if I had just held Bitcoin, I would have actually earned more than making those investments."

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments