When you should invest in Cryptocurrencies

Just a couple of months ago, Michael Novogratz, Hedge fund billionaire made an announcement: In an interview at the CBInsights’ Future of Fintech conference in New York he disclosed that he invested 10% of his net worth into digital currencies including Ethereum and Bitcoin.
Both Cryptocurrencies have shown continuous growth , the price of Bitcoin in particular has more than doubled, and the Ethereum price has multiplied six-fold.
He said; “be buying a lot of it.” And if the Ethereum price retreated to between $150 and $200, it would be cheap enough to merit buying more, he also added, "If you buy Ether at $400 and it goes to $200, I don’t care what inning you think it is, it feels really shitty. You’ve got to be pretty careful when you enter these things.”
via-JEN WIECZNER

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