Mark Lasri: Bitcoin Will Rise to $40 Thousand
The investor is sure that in the future the coin will be used much more often, so its price will increase.
Bitcoin is becoming more and more available for trading, as the market is constantly evolving, believes billionaire investor Mark Lasri. In the near future, the coin will be more widely used, says the head of Avenue Capital Group.
He noted that investors can expect an increase in their capital by 5-10 times if they hold funds in bitcoin from three to five years. In December, Lasri said that he invested his own assets in digital money and regretted that he had not bought the first cryptocurrency when its price had not exceeded $300.
The billionaire believes bitcoin is the most promising coin. He is sure that the first cryptocurrency can bring the greatest income in the long term.
Earlier, analysts of Shrimpy found out that “holding” is not the best trading strategy for digital money. They believe that it is much more profitable to rebalance portfolios depending on the market situation.