The leading cryptocurrency recently Bitcoin (BTC) Mike Novogratz, who has estimated the price of $500.00, spoke at Christie’s Art + Tech Summit in New York on Wednesday.
Focusing on crypto investments cryptocurrency founder of company Galaxy Digital Mike Novogratz warned investors that it is normal and unrealistic to earn 200x money from their cryptocurrency investments.
In his speech, the famous billionaire also BTC He stated that there is high volatility in all cryptocurrencies, especially in cryptocurrencies.
And your close friends crypto- Saying that they have investments, Novogratz stated that crypto has changed their lives.
“I had friends who bought a lot of cryptocurrencies and these investments changed their lives.
These are guys who don’t make a lot of money in their normal lives but suddenly have a net worth of $5 million in crypto.
I warned them and made them come to their senses and told them that they have to sell half or two-thirds of the money they earn, that it is not normal to make 200x money from their crypto investments.”
Afterwards, Novogratz stated that one should not be greedy in crypto money investments. “Greed is a powerful emotion and not everyone can be an investor. Being a good investor is really hard. It takes education, it takes pain, it takes knowledge, it takes practice.” said.
Mike Novogratz, who also attended the Bloomberg Crypto Summit on Tuesday, said: bitcoin He said that the target of $ 500,000 is still valid and a 5-year period is needed for this.