As the price of Bitcoin continues to rise, investors are looking for opportunities to profit from the momentum. Norwegian investor Kristoffer Hansen did just that. He sold all his stocks and bought Bitcoin instead. His move landed him on the cover of the Dagens Næringsliv newspaper. Hansen had reportedly been following cryptocurrencies for several years before choosing to fully invest his funds in the market.
The article mentioned a sentence he said:
As the price of Bitcoin continues to rise, this group of investors seems to be gradually gaining in size. As the market continues to send positive signals, more and more people like Hansen may be putting all their money into cryptocurrencies, aiming to get rich from the explosion of this digital gold. Digital Gold Explodes: The Bitcoin Ecosystem"Digital gold explosion" is the most specific way to describe the current environment. The Bitcoin ecosystem is thriving due to investor interest and individuals interested in adopting and using the currency. However, no one knows what is really driving the market. Despite this, interested parties around the world are watching Bitcoin with an almost voracious appetite. After Japan began accepting Bitcoin as a currency, this happened in a snowball effect. The Moscow Times even recently published a sophisticated cover, suggesting that their country may be on the path to boldly accepting cryptocurrencies. Earlier, Russian bankers and national leaders did talk about the use cases and regulation of cryptocurrencies in the country. Babbitt has previously reported on this:
If countries, companies and individuals continue to be unanimously bullish on Bitcoin, then there will surely be more investors like Hansen making similar decisions and jumping into the Bitcoin bull run. |
>>: Coin Zone Trends: Bitcoin Price Trends Based on Big Data This Week (2017-06-13)
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