While investors have been hesitant to invest in the cryptocurrency market, a few individuals have taken the plunge. These people are called Bitcoin investors and they've been profiting from the ever-growing value of Bitcoin over time.
One thing that sets these investors apart from others is their ability to take risks with investments. Many people shy away from making investments because there's always a chance that things could go wrong and it would all be lost. But, Bitcoin investors know that taking risks can lead to a great reward.
This blog post will discuss what makes these individuals so successful at investing in this high risk industry.
CEO Of Digital Currency Group - Barry Silbert
Barry Silbert is a well-known Bitcoin investor and the founder of Digital Currency Group. In 2014, he founded the company SecondMarket, which would later become part of his DCG venture capital firm. The company was valued at one point as high as $250 million.
As an early adopter and long-time believer in Bitcoin's potential, Barry has been a fierce advocate for cryptocurrency adoption since its earliest days. He continues to invest in startups that are building out the infrastructure needed to make cryptocurrencies viable for mainstream use.
In addition to his work with DCG, Barry also sits on the board of directors for Coinbase and serves as their Chairman Emeritus after being instrumental in helping them raise over $100 million from leading investors.
CEO Of Pantera Capital - Dan Morehead
Dan Morehead, a former Goldman Sachs trader and current CEO of Pantera Capital Management LP, is one of the most successful Bitcoin investors in the world. He has been investing in Bitcoin since 2012. In 2013 he predicted that Bitcoin would hit $10,000 by 2018 and it did.
When asked about what he sees as some of the biggest challenges for Bitcoin going forward, he thinks regulators are going to have to get involved at some point. His fund's investments include Bitstamp, Xapo and ShapeShift.
The Billionaire Twins - Cameron and Tyler Winklevoss
Cameron and Tyler Winklevoss are the world's first Bitcoin billionaires. The twin brothers have been investing in Bitcoin since 2012, when they realized that the virtual currency was bigger than Facebook. They invested $11 million into Bitcoin that year.
The Winklevoss twins have become known for their investments in emerging technologies including Facebook Inc., Spotify Ltd., and Airbnb Inc. They also made a proposal to regulate cryptocurrency exchanges as public utilities during testimony before US lawmakers on July 17th, 2018.
We believe that the top 3 bitcoin investors should be commended for their investment decisions as they have demonstrated it is possible to find success in this high risk industry through patience, diligence, and research.
These three individuals have had a major impact on how we see cryptocurrency today, even though they are not always mentioned within discussions of crypto-spheres or blockchain technology.