Kevin O’Leary Says He’s Doubled Down on Crypto Amid Downturn, Naming Bitcoin, Ethereum and Three Altcoins

Kevin O’Leary Says He’s Doubled Down on Crypto Amid Downturn, Naming Bitcoin, Ethereum and Three Altcoins


Shark Tank star Kevin O’Leary is revealing that he took advantage of the market downturn to add to his crypto holdings.

In a new interview with Stansberry Research, O’Leary says that his crypto portfolio suffered a double-digit drawdown, but he took that as an opportunity to buy the dip.

“We took a hit. We were at 20% [of the portfolio] and then it grew up to 23%. Then it went down to 16% of the portfolio. It was really volatile. But I have always said you’re going to get this volatility in an industry that’s not regulated because there’s no institutional bid.

Trending: COMING SOON: The First Arrest Will Shock The World [Identity Revealed]…

So probably at the low, we were at 15%. We lost 40% of the value and now we’ve come back up on some

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend