By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: Bitcoin: Top Players Double Down
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Crypto > Bitcoin > Bitcoin: Top Players Double Down
2022

Bitcoin: Top Players Double Down

Paul Ebeling
Last updated: August 5, 2022 4:39 am
Paul Ebeling
Share
2 Min Read
bitcoin etfs 2021
SHARE

#crypto #bitcoin

#BTC #ETH

“Shark Tank star Kevin O’Leary took advantage of the market downturn to add to his crypto holdings”–Paul Ebeling

In an interview with Stansberry Research, Mr. O’Leary said 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.

So probably at the low, we were at 15%. We lost 40% of the value and now we’ve come back up on some projects. And they haven’t all come back at the same pace.

The big players, the big market cap names like Bitcoin (BTC), like Ethereum (ETH), like Solana (SOL), like Polygon (MATIC), and Hedera (HBAR), in some cases we doubled down. We took advantage of the extreme volatility and the large-cap names like ETH, like Bitcoin. Why not add to the position if you are going to stay long?”

According to the venture capitalist, the “real problem” facing crypto assets currently is the lack of institutional participation, but is is coming and when it does will come on strong.

“This asset class is not correlated with anything as people thought. It’s not correlated with inflation yet.

But the real problem… it’s really a gauge on where the institutional buyer is. And right now, ZZero. They have no Bitcoin.

Anybody that tells you the institutions of sovereigns own it, is full of poo poo.”

Have a prosperous weekend, Keep the Faith!

You Might Also Like

Ferrari Hypersail

Banking Apocalypse, Bitcoin’s Just the Beginning

Bitcoin at ATH, What Next?

St. Francis: The Deeds You Do Today

Tokenization and the Future of Financial Markets

TAGGED:BitcoinBTCcryptoETH

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
Previous Article pic north beach sunset amk 210104 960x320 1 Real Estate: The best waterfront solutions put public goals 1st!
Next Article bitcoin related items p p system secure key concept scanned qr code smartphone file contains clipping mask gradient 39025985 Bitcoin Becoming a Medium of Exchange…
Buy Bitcoin

Buy Bitcoin

Latest News

photo 2025 03 03 07 22 06
InfoFi: The Latest Abomination in Crypto
Crypto Featured Headline News Shayne Heffernan on Investments July 10, 2025
czi0oawj8y561
Asia’s Growth Resilience Amid U.S. Tariffs
America Asia Asia Business Featured Headline News KXCO Politics USD July 10, 2025
trump comp 835dbf
What We Know Exists in the Epstein Files
America Headline News Opinion Politics Shayne Heffernan July 8, 2025
Ethereum Co Founder Supports Coin Center with 320 ETH
Ethereum Trading Outlook
Crypto Ethereum Featured Headline News KXCO Opinion Shayne Heffernan Shayne Heffernan Shayne Heffernan on Investments USD July 8, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?