An early proponent of cryptocurrency and one of the most well-known Bitcoin bulls, Mike Novogratz continues to tout the value of cryptocurrency and push institutional investors towards a new era of finance.
In a recent interview on CNN’s “Markets Now,” Novogratz shared his opinions on cryptocurrency investing by saying:
“It’s almost essential for every investor to have at least 1% to 2% of their portfolio.”
Reasoning his absolute perspective, Novogratz derives value from the burgeoning impact of cryptocurrencies’ underlying blockchain applications:
“…these technologies in two to four years are going to give every vertical a challenge.”
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