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❕NEWS Dubai Businessman planning to invest in Bitcoin

AudraMiller

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A businessman in Dubai has said that he is ready to get in on the craze that is being seen with the cryptocurrency market and with Bitcoin, stating that he will invest 4.8 Billion USD into the cryptocurrency. This, based on the current price that we are seeing at the moment, equates to around 100000 BTC coins, and in my opinion, it could be the investment that pushes the price of Bitcoin even further, easily surpassing the 60k USD region. What are your thoughts on this? And is this a good time to invest in light of this recent news?
 

Brain

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That will be a good move by the business man. The benefit will be for everyone both the community and the investor. Well, let see if this will be able to push the price to your quoted price
 

achawaskey

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If you have the capital, why not invest at least bitcoin is increasing at the moment and if there is going to be a resistance the effect will not be much.
 

aryan4

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A businessman in Dubai has said that he is ready to get in on the craze that is being seen with the cryptocurrency market and with Bitcoin, stating that he will invest 4.8 Billion USD into the cryptocurrency. This, based on the current price that we are seeing at the moment, equates to around 100000 BTC coins, and in my opinion, it could be the investment that pushes the price of Bitcoin even further, easily surpassing the 60k USD region. What are your thoughts on this? And is this a good time to invest in light of this recent news?
I'm not sure if it's a good time to invest. However, I find such investment statements from the Arab world and especially the Gulf countries valuable.
 

BullyMaguire

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That's a lot and it will surely move the price but im not sure how much... Let's wait until he do... Right now whales will be building up their holdings again since btc is dropping
 

Joy101

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That is a good idea to invest in bitcoin, it has a good benefit if actually you want to invest in bitcoin, I think it's best time to invest right now but not much amount.
 

Rollerkid

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A businessman in Dubai has said that he is ready to get in on the craze that is being seen with the cryptocurrency market and with Bitcoin, stating that he will invest 4.8 Billion USD into the cryptocurrency. This, based on the current price that we are seeing at the moment, equates to around 100000 BTC coins, and in my opinion, it could be the investment that pushes the price of Bitcoin even further, easily surpassing the 60k USD region. What are your thoughts on this? And is this a good time to invest in light of this recent news?
If the business man invest in bitcoin now l think this will be another great event because it will increase the minimum price level of bitcoin to somewhere higher. As of the timing, l think this is just the best time.
 

Brain

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I doubt this investment has been done because the price of BTC 8s still dropping. The price as at this moment is $46k. We need to see what happens when this investment is made
 

fastmoney1

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Many entrepreneurs are interested in bitcoin because they know that it is the currency of the future and in the near future most of the operations will be carried out with this cryptocurrency. If you make that investment, bitcoin will increase its market price.
 

Brain

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Many entrepreneurs are interested in bitcoin because they know that it is the currency of the future and in the near future most of the operations will be carried out with this cryptocurrency. If you make that investment, bitcoin will increase its market price.
You are right, u totally agree with you , bitcoin is the future, the earlier people realize this to start investing the better for everyone that needs to make money
 

Josemendez

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4.8 billion is quite a huge amount of money for one to invest. O believe he will surely benefit from this risky investment in short while . I hope I have enough finds to buy any coin I want to buy.
 

AudraMiller

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If the business man invest in bitcoin now l think this will be another great event because it will increase the minimum price level of bitcoin to somewhere higher. As of the timing, l think this is just the best time.
The time now to invest is good especially with the price of Bitcoin being low at the moment, in comparison to how its value has been in the last few weeks. Therefore I think that as people start to invest in Bitcoin now they are likely to see good returns. And a large investment such as this one is bound to have a major impact on the market.
 

Wisdom01

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Its a good investment for him but i think he should invest now and not when the price is still very high before he starts thinking of investing again
 

Brain

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4.8 billion is quite a huge amount of money for one to invest. O believe he will surely benefit from this risky investment in short while . I hope I have enough finds to buy any coin I want to buy.
It going to be a huge invest. I hope it will come through with it. Investing in other altcoins now would be a wise decision for anyone
 

Rollerkid

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The time now to invest is good especially with the price of Bitcoin being low at the moment, in comparison to how its value has been in the last few weeks. Therefore I think that as people start to invest in Bitcoin now they are likely to see good returns. And a large investment such as this one is bound to have a major impact on the market.
I think same too. These major investment will gradually send the market prices of bitcoin and the other crypto currencies higher again in few days or weeks to come.
 

ELSA-ELI

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Well if that will be the case it will boost the market value provided at that particular time there will still be demand for the coin then it will cause that the trading cap to go up.
 

Niftyicon

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That is one cool investment that he wouldn't regret. The next bitcoin bull run which hopefully will happen soon will yield him his profits in millions.
 

AudraMiller

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Well if that will be the case it will boost the market value provided at that particular time there will still be demand for the coin then it will cause that the trading cap to go up.
When it comes to coins such as Bitcoin I think that there is always going to be a demand for the coin in the foreseeable future because it is getting more and more attention from potential investors. That is why I feel that many are focuses mainly on these coins for their investment, as they are the more popular and well known in the crypto world.
 

Josemendez

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It going to be a huge invest. I hope it will come through with it. Investing in other altcoins now would be a wise decision for anyone
Altcoins is the best investment now because their price are quite affordable now , and when there is a significant rise in the price if them , one makes huge profit
 

Brain

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Altcoins is the best investment now because their price are quite affordable now , and when there is a significant rise in the price if them , one makes huge profit
You just wrote it the way it is now the down Ward price of altcoins is the right time to invest in them. One will gain more later when the price is high
 
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