Post
Topic
Board Speculation
Re: Chinese Investor bought 10,000 bitcoin during the dip!
by
mrbamboo
on 19/08/2018, 14:54:18 UTC
For big whales like that it is nearly gaurenteed profit even if he only holds for a couple of days or weeks. How much he will still have in years to come will be interesting.

Indeed. I wish I could have that much money.

Also article says "He also pointed out that he has invested in multiple cryptocurrencies other than Bitcoin. Some of them are Theta, Ontology (ONT), Cortex (CTXC), ArcBlock (ABT), Zipper (ZIP), YeeCall (YEE), Dxchain (DXC), Charter (CAF). Some of these have brought him huge returns while some are still bleeding money."

So, I'm sure he definitely made a lot of profit.
If that is the case, then Chinese investors are going to have a spectacular investment because Bitcoin and Altcoin prices are low. Chinese investors are very rich and they have very special thoughts. If the Bitcoin and Altcoin prices peak at the end of the year, as it did in December 2017, Chinese investors are likely to be among the top billionaires in the world. Do they find Bitcoin to be a big leap forward?