Forging On In The Bear Market - Crypto Is Still Getting Started
January 14 2019 - 5:51AM
ADVFN Crypto NewsWire
Although we have been facing a doom
and gloom scenario for months in the crypto markets, the situation
is not that negative for some. Investor and advisor, Oliver Isaacs
has risen from behind the scenes to become one of the top
blockchain investors, influencers and strategists in the
space. He was an early investor in Ethereum, Bitcoin Cash,
and Monero and is now none of the foremost authorities on
blockchain investing. With a total social media following of
around 1m followers across his channels, Isaacs’ company has worked
closely with a number of well-known blockchain companies and
exchanges, such as OKex, KuCoin, Coinsquare and Dragon. The total
amount raised by companies Oliver has worked with has exceeded an
impressive $400 million.
Having invested in coins such as Bitcoin, Ethereum and Monero
when they were only single digit coins means he has seen returns in
excess of 10,000%. According to his Twitter,
https://twitter.com/oliverzok"
href="https://twitter.com/oliverzok" rel="nofollow noopener
noreferrer" target="_blank">Twitter.com/Oliverzok and
Instagram channels, Isaacs continues to actively trade volatility
in the crypto markets and is known to spot significant arbitrage
opportunities in the markets. Isaacs has also been featured as
giving business and investing advice in the Instagram and Facebook
Stories of high-profile entrepreneurs such as
http://moneyinc.com/tony-robbins-net-worth/"
href="http://moneyinc.com/tony-robbins-net-worth/" rel="nofollow
noopener noreferrer" target="_blank">Tony
Robbins, http://moneyinc.com/mark-cuban-net-worth/"
href="http://moneyinc.com/mark-cuban-net-worth/" rel="nofollow
noopener noreferrer" target="_blank">Mark
Cuban, and https://en.wikipedia.org/wiki/Tim_Ferris"
href="https://en.wikipedia.org/wiki/Tim_Ferris" rel="nofollow
noopener noreferrer" target="_blank">Tim Ferris.
Isaacs’s tech and blockchain advisory business has boomed in the
last couple of years and he maintains close relationships with his
solid investor base such as those he has worked closely with and
advised—including Pantera Digital Asset Fund, Polychain, and
Fenbushi who manage a total combined capital fund of over $500
million.
Isaacs believes that although cryptocurrencies are currently in
a bear market, there are plenty of reasons for long term optimism.
‘"Short term volatility is great if you’re speculating or
looking for arbitrage’" Isaacs notes, "but what
really matters to HODLers and serious investors is the long-term
trend in the value of popular cryptocurrencies like Bitcoin and
Ethereum’" for example, Bitcoin went from less than $1,000 per
coin to nearly $20,000 or approximately a 2000% increase in about 1
year. However, it is now trading at less than 25% of that all-time
high at around $3600 at present.
He is quite convinced that there are plenty of reasons for
Bitcoin to increase to astronomical levels in the future. "Despite
the bear market conditions, digital assets are here to stay". Last
year, major investors such as Tim Draper, Fundstrat’s Tom Lee and
Anthony Pompliano made predictions as to where they see Bitcoin’s
price long-term. As for Isaacs, he predicts that the crypto rally
will continue long-term and the price of Bitcoin could trade as
high as $100,000 by 2023.
Source: Forbes
Gerald Fenech Contributor
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