Scaramucci calls for investing in BTC, and the loss of traders as a result BTC fall reaches $ 2.4 billion

BestChange
2 min readMay 17, 2021

Anthony Scaramucci advises investing in bitcoins up to 3% of the investment portfolio

SkyBridge Capital founder Anthony Scaramucci believes that the main cryptocurrency is still an asset that should be in an investment portfolio. According to him, it is still difficult to convince many investors to pay attention to BTC.

The head of SkyBridge Capital advises investing relatively little money in bitcoin. According to the entrepreneur, BTC is the only crypto-coin that has reached “space speed”.

“As an investment adviser and someone who’s been running money for 30-plus years, it’s responsible of me to tell my clients to own 1%, 2% or 3%. I’m not telling them you’ve got to own 100% of your net worth in it — but if we’re right, you don’t want to be missing out on this,” Scaramucci said.

Losses of traders because of BTC fall reach $2.4 billion

As a result of the collapse of the first cryptocurrency coin, traders lost about $2.4 billion. In 24 hours, cryptocurrency exchanges forcibly closed the positions of 304 thousand users, analysts of the bybt service noted.

The market collapse was preceded by another post by Elon Musk on Twitter. In it, he criticized the main cryptocurrency.

“Bitcoin is actually highly centralized, with supermajority controlled by handful of big mining (aka hashing) companies. A single coal mine in Xinjiang flooded, almost killing miners, and Bitcoin hash rate dropped 35%. Sound “decentralized” to you?” Musk wrote on May 16.

However, on May 17, in response to a barrage of criticism, the entrepreneur hastened to “refute the speculation”, saying that “Tesla has not sold a single bitcoin.”

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