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Market News

Anybody Who Does Homework ends up Investing in Bitcoin, Scaramucci says

The Skybridge Capital CEO considers bitcoin to be digital gold and has over $1 billion in bitcoin in collection.

Written By Vismaya V
Published 2021-10-26
Make The Crypto Times preferred on GoogleGoogle
Scaramucci Claps Back on Bitcoin ETF Critique

In Brief:

  • Anthony believes investors who study Bitcoin carefully in the end for sure are going to own a stake in crypto.
  • Named billionaires who were doubtful of BTC but have now invested in it.

Founder and CEO of SkyBridge Capital venture fund, Anthony Scaramucci stated in an interview with CNBC that anyone who carefully studies bitcoin will understand and believe in its potential.

“Anybody that does the homework … ends up investing into it. Look at Ray Dalio, a Bitcoin skeptic, now a Bitcoin investor,” Scaramucci further added.

Scaramucci considers Bitcoin to be a giant asset class that will play a significant role in the global economy over the next decade. He described bitcoin as “digital gold” and stated that he has “over $1 billion” in bitcoin, which he began collecting last year.

In a recent interview, the billionaire even called Bitcoin the best trade of his life, owing to the massive increase in value over the last year.

He also advised investors to read the white paper written by Bitcoin’s creator, Satoshi Nakamoto, and to do their homework on bitcoin.

Scaramucci mentioned billionaire investors such as Ray Dalio, Paul Tudor Jones, and Stanley Druckenmiller, who were once opposed to crypto but are now holding BTC in their assets.

Scaramucci’s advice is not to be ignored as recently Bitcoin reached a new height of $66,999 as most probably will continue to rise.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)
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