The gurus of the financial world already trust cryptocurrencies

The gurus of the financial world already trust cryptocurrencies

At present, economists, politicians and big investors can’t ignore the importance acquired by cryptocurrencies, especially Bitcoin, in global finances. Not just a few of these gurus were initially worried and even harshly criticized digital currencies; however, they have inevitably reached the conclusion that the concept that these have introduced to the financial world is refreshing and won’t disappear. Today, it’s possible to appreciate how many of the cryptocurrencies’ initial critics have begun to invest substantial amounts in businesses that offer, both directly and indirectly, exposure to the cryptocurrency environment, generally through the blockchain technology.
George Soros was one of the ones who spoke the strongest against the cryptocurrencies. The multimillionaire even considered cryptocurrencies as being a “bubble”; however, in April of this year, the Soros Fund Management, headquartered in New York, approved the sale of cryptocurrencies.

The blockchain is real

Another who had doubts about the importance of cryptocurrencies was Jamie Dimon, CEO of JP Morgan Chase. In September of 2017, he reached the decision that the Bitcoin was a fraud and threatened to fire any company employee who dared to do business with cryptocurrencies. A few months later, in January of this year, Dimon took a step backwards in an interview on FOX and said that he regretted his comments about Bitcoin. “The blockchain is real,” he had to admit. The fact that JP Morgan had applied for an authorization related to the blockchain technology probably has a lot to do with the CEO’s change in position.
The third investment guru who criticized the cryptocurrencies at one time was Warren Buffett, the CEO of Berkshire Hathaway. This multimillionaire described Bitcoin as “rat poison” and “bubbles”. Then, he didn’t retract his statement publically; however, Buffett is now investing in the technology behind the Ripple cryptocurrency, through his bank holdings, especially the Bank of New York Mellon.
It’s certain that an ample number of crypto-skeptics, who consider Bitcoin and other cryptocurrencies as bubbles that will pop at any moment, continue to exist; however, it’s also certain that, whether they like it or not, that more and more investors are open to cryptocurrencies, for a simple reason: when a technology that is attractive to people arises, they will keep using it, so investors will have to adapt.


Do you want to invest in cryptocurrencies?

We offer you the weekly portfolio CryptoFIB30, in a PDF format. A portfolio of cryptocurrencies with high earning prospects, suggested by our staff (the dates and purchase prices for the reported crypotos in addition to operative signals - when to sell or keep - are indicated).

Bitcoin Future: for those who prefer, instead, to follow the derivative, Bitcoin Future is analyzed, quoted on the CME, with the indication of important levels and operative targets of purchase/sale with a weekly perspective.

Pay

Risk warnings
The views and opinions expressed are the views of Crypto Currency 10 and are subject to change based on market and other conditions. The information provided does not constitute investment advice and it should not be relied on as such. All material(s) have been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.
Changes in rates of exchange may have an adverse effect on the value, price or income of an investment.
Past performance is no guarantee of future results and the value of such investments and their strategies may fall as well as rise.

BANANA00

Coinmama-EN

etoro-1

Cryptocurrency10.com
Avenida Samuel Lewis, Torre Omega, suite 5D.
Panama.

General: info@cryptocurrency10.com
Customers: customerservice@cryptocurrency10.com
Support: support@cryptocurrency10.com

Phones
Italy: +39 (06) 99335786
Spain: +34 (93) 1845787
Panama: +507 8327893
Panama: +507 8339512
United Kingdom: +44 (203) 6951776
United States: +1 (305) 3402627
Switzerland: +41 (91) 2280356

Urgency:
+507 8339512

Customer service from
02:00 - 06:00 (Spanish, english and italian)
08:00 - 17:00 (Spanish, english and italian)