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[aryan4]

Cryptocurrency fund FD7 Ventures has announced that it will sell over $ 750 million Bitcoin. In the statement made, it was reported that the funds to be obtained from this sale will be invested in ADA and DOT coins.
A part of the manager's statement is as follows: ---- "Ethereum, Cardano and Polkadot" will be more valuable than Bitcoin "in the next few years." ----
What do you think about this?

 

[Josemendez]

Cryptocurrency fund FD7 Ventures has announced that it will sell over $ 750 million Bitcoin. In the statement made, it was reported that the funds to be obtained from this sale will be invested in ADA and DOT coins.
A part of the manager's statement is as follows: ---- "Ethereum, Cardano and Polkadot" will be more valuable than Bitcoin "in the next few years." ----
What do you think about this?

I agree with him hundred percent . Bitcoin has gotten to an extent when investing in it won't really be profitable as upcoming coins like Dot and ADA

 

[achawaskey]

I don't understand were he got his facts from, the statement is still speculative because knowing the difference between bitcoin and ADA or Doge is much.

 

[achawaskey]

He did not state how bitcoin will lose value, we all understand that in the business world when more investment is been made to a particular product, the product starts to grow not fall or lose its value.

 

[AudraMiller]

Cryptocurrency fund FD7 Ventures has announced that it will sell over $ 750 million Bitcoin. In the statement made, it was reported that the funds to be obtained from this sale will be invested in ADA and DOT coins.
A part of the manager's statement is as follows: ---- "Ethereum, Cardano and Polkadot" will be more valuable than Bitcoin "in the next few years." ----
What do you think about this?

I think that it is quite interesting to see them try to replace their investment in Bitcoin with these smaller coins, because in my opinion I think that Bitcoin shows a lot more promise than these coins. Mainly because it is deemed to be the face of cryptocurrency and the most well known. However, a large sell off like this can cause the price of bitcoin to plunge.

 

[aryan4]

I agree with him hundred percent . Bitcoin has gotten to an extent when investing in it won't really be profitable as upcoming coins like Dot and ADA

Probably I also think they are making good profits from their Bitcoin investments. The coins they say they will buy are among the coins that contain a lot of positive analysis about themselves. Let's see if they will be justified as they say over time as a gain.

 

[Wisdom01]

I think they might be considering that because of the high price in bitcoin it dosent seem promising , but they should note that bitcoin price would continue to increase to a higher volume

 

[Niftyicon]

The truth is that I still prefer the certainty I feel with bitcoin to those analyses made about those promising coins. This sale may affect btc price but I hope not too much.

 

[Rollerkid]

Cryptocurrency fund FD7 Ventures has announced that it will sell over $ 750 million Bitcoin. In the statement made, it was reported that the funds to be obtained from this sale will be invested in ADA and DOT coins.
A part of the manager's statement is as follows: ---- "Ethereum, Cardano and Polkadot" will be more valuable than Bitcoin "in the next few years." ----
What do you think about this?

The firm is actually thinking into the future. Most firms aren't considering these young altcoins that are still growing and could turn Into something great someday.

 

[aryan4]

The firm is actually thinking into the future. Most firms aren't considering these young altcoins that are still growing and could turn Into something great someday.

I think we will have the opportunity to test what will happen over time, and what prices the coins they choose test. Perhaps they found it logical to have other coins in the basket along with bitcoin.

 

[SCAMEXPOSER]

It is far more safe to invest on smaller coins with potentials than investing in bitcoin that most analyst are only predicting for a 50% to 100% rise for this year , other coins have potential of 1000% this year

 

[Niftyicon]

It is far more safe to invest on smaller coins with potentials than investing in bitcoin that most analyst are only predicting for a 50% to 100% rise for this year , other coins have potential of 1000% this year

I think people are just gradually trying to spread their investments reasoning that bitcoin may not be able to yield as much as is desired due to its already increased price.

 

[Rollerkid]

I think we will have the opportunity to test what will happen over time, and what prices the coins they choose test. Perhaps they found it logical to have other coins in the basket along with bitcoin.

Sure, with time we will see how these small potential coins will prove their potentials to their investors. But we are just hoping they will turn to follow the path of bitcoin.

 

[Josemendez]

Selling of there coin my not be the right idea for now, I advise they hold it for some time, so as to maximize profit in future.

I believe they have made enough profit from their bitcoin investment ,and they will be selling it to invest in potential new coins with cheaper price.

 

[Brain]

I agree with him hundred percent . Bitcoin has gotten to an extent when investing in it won't really be profitable as upcoming coins like Dot and ADA

Well, we can't be too much about their success story without really going through it yet. I think btc isn't that bad to be over taken by these two new coins

 

[Rollerkid]

Selling of there coin my not be the right idea for now, I advise they hold it for some time, so as to maximize profit in future.

I'm sure they have reviewed the decision and understood clearly the advantages and disadvantages of the decision before they made it public. But I think it's not a bad idea at all.

 

[Josemendez]

Imagine having up to thousands of DoT and ADA than they would have had if invested in bitcoin. Secondly by the time DOT and ADa will rise their profit will be much .

 

[Rollerkid]

Well is up to them to make the final decision, I only surgesting for them what I think may be of benefit to them.

Yeah, it is up to them to make their final decision. We all here are just suggesting and our views can not add much to what they have in mind.

 

[Rollerkid]

They got plenty still reserve in their BTC wallet, i guess so. That's why they are willing to flip that amount to spread it to DOT, and ADA coin. Maybe the have seen the future of those coins, and they are sure it will get them profit, and they want to stake on it to earn reasonable amount in the future.

It seems they only took some part of their investment in bitcoin and spread them into Dot and ADA investment too because they felt the future for those two will also be great.

 

[Rollerkid]

so ada and dot have a good future investment?

Yeah, both ADA and Dot are potential coins and they are Worth investing some money into especially for the long term. Also remember to do your own research before investing.