PRICE drops do not mean the end of bitcoin but indicate it is the perfect time to buy cryptocurrency, a digital currency hedge-fund manager has revealed.
Fund manager Brian Kelly has insisted claims cryptocurrency is dead have been hugely exaggerated and revealed key tips for investing in the current environment.
He said: “Now when everyone is saying… it's over, that's it, bitcoin is dead, for the 175th time. Now's the time you start looking at it, on the buy side.”
Prices of all major cryptocurrencies plummeted after China and South Korea made regulatory moves to restrict their use.