Galaxy Digital CEO Mike NovogratzBitcoin $106,724.70(BTC) suggested that potentially increased to $ 1 million. Crypto money billionaire, who expressed this ambitious foresight in the Schwab Network program, which he recently attended, justifies Bitcoin’s increasing adoption among young investors and the transfer of inter -generation of reserve showed. Novogratz pointed out that Bitcoin’s current market value of approximately $ 2 trillion is far behind $ 20 trillion.
Listed the reasons for the potential rise of Bitcoin
Novogratz, BitcoinHe stressed that one of the biggest opportunities in front of him is a transfer between Baby Boomer generation (born in 1946-1964), who is skeptical of crypto currency, and a self-transfer between younger generations for this technology. Warren Buffettto retire and Charlie MungeNovogratz, who showed his death as an example, said, “They didn’t like Bitcoin. They weren’t Bitcoin people. But I’m sure their grandchildren are like that,” he said.
This reserve transfer is like Bitcoin Crypto CoinsNovogratz, who argued that he could significantly increased the demand for the A, said that the young generation is more prone to the digital world and adopted Bitcoin as a means of a value storage. According to him, even the largest crypto money gold reaches the current market value means an enormous increase in the price.
Who is Novogratiz?
Novogratz, crypto currency One of the important figures in the world. In 2013, the first Bitcoin purchases in 2013 managed the Fortress Macro Hedge fund that collapsed in 2015 because it was exposed to Swiss Franc and Brazilian assets. Following this experience, crypto money -oriented in 2017 Galaxy Digital Novogratz, who founded his company, received the money for his great mention in this field and now has a fortune of about $ 4.4 billion.
Novogratz is known for making optimistic predictions about the future of Bitcoin. Previously, he had argued that in the next eight years, Bitcoin could overshadow the gold. Last month, the largest crypto money in the short term to rise to $ 150 thousand in the direction of the expectation. Now he carried his vision much further and pointed out his target of $ 1 million in the long term.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
