December 4, 2020

Cryptheory

24/7 crypto news, cryptocurrency meaning, guides, learning, #cryptohelpschildren

Bitcoin for $ 100,000?

2 min read
Bitcoin for $ 100,000?

The founder and chief of Tron (TRX) Justin Sun said he regularly invests in more cryptocurrencies. As for Bitcoin, it expects to reach the six-digit dollar value within five years.

 

Justin Sun attended an interview on cryptocurrencies theme on CNN television, revealing that he owns many cryptocurrencies including Ethereum and Bitcoin. When asked if he diversified his portfolio, he answered as follows:

 

,, I have a lot of XRP and Ethereum. I am a person who believes in cryptocurrencies in the long run, so I want all of these cryptocurrencies to succeed. That’s why I own many others. ”

 

Sun is convinced that cryptocurrencies such as Bitcoin are the future of money. Regarding the value of the best-known cryptocurrency, he assumes that the magic price of $ 100,000 could be reached by Bitcoin in 2025.

 

“I certainly believe that in 2025 it will overcome this limit. I believe that we can reach this limit before 2025. At the same time, I think many other cryptocurrency projects such as Tron, Ethereum and XRP will be on the next bull wave. ”

 

The Chinese entrepreneur also said during the interview that all of his investment is channeled into cryptocurrencies. He transfers them to fiat only when he needs to pay for something.

 

His conversation with Warren Buffett, the world’s fourth richest man, was also the topic of the conversation. Sun claims to have explained the many important benefits of cryptocurrencies and blockchain technology. However, based on recent CNBC investment veteran statements, it seems that he has not changed his negative opinion on cryptocurrencies.

 

TRX/USD

Leave a Reply

Your email address will not be published.