Stock Pickers Pick Bitcoin
Stock Pickers Pick Bitcoin: Bill Miller Reveals 1% Crypto Portfolio
Another multimillionaire investor has revealed he has part of his portfolio in Bitcoin as a new high-profile crypto hedging trend emerges.
In an interview with Forbes, infamous stock picker Bill Miller announced he had been holding one percent of his portfolio in Bitcoin since 2014.
Based on price increases since then, Miller stands to have made huge gains which could outweigh even his most impressive stock investment decisions.
“He's up nearly tenfold, and Bitcoin is now a top holding of his hedge fund,” Forbes confirms.
Miller is by no means alone. Earlier this year, Australian billionaire Mike Cannon-Brookes also let slip about significant Bitcoin holdings which had served him well since as far back as 2010.
The percentage of overall wealth invested in the virtual currency is nonetheless tiny - well below the maximum suggested by educator Andreas Antonopoulos of 10 percent of one’s portfolio.
the more news come out of top players getting into bitcoin, the better health of all cryptocurrencies. I expect some BTC raises today.
i believe Bitcoin is well again and will now continue it's evolution to becoming openly accepted everywhere.
Don't forget Bitcoin opened the doors of acceptance for all crypto's and changed our society's monetary values to accept us being solely responsible for our own money.
Mining Bitcoin Using Old Computers and Retro Gaming Consoles.
https://steemit.com/bitcoin/@raviraj4you/mining-bitcoin-using-old-computers-and-retro-gaming-consoles