Billionaire Investor Tim Draper Quit Stocks for Bitcoin 6 Months Ago

Billionaire Investor Tim Draper Quit Stocks for Bitcoin 6 Months Ago

In a mainstream media interview, Draper surprises by confirming he was out of the market for half a year, doubling down on crypto instead. Tim Draper now holds “a lot” of his portfolio in Bitcoin (BTC) after pulling his wealth out of public stock markets six months ago.Speaking to CNBC on Feb. 24, the VC investor and serial Bitcoin proponent revealed that he had significantly added to his crypto holdings since last year. Draper: “Uber…

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Billionaire Investor Tim Draper: If You’re a Millennial, Buy Bitcoin

Billionaire Investor Tim Draper: If You're a Millennial, Buy Bitcoin

Billionaire investor Tim Draper recommended millennials to buy Bitcoin during a recent interview. Billionaire investor Tim Draper recommended millennials buy Bitcoin (BTC) during an interview with FOX Business published on Jan. 22.Per the report, Draper believes that Bitcoin is of particular importance to millennials that are looking to set aside enough capital for retirement. He suggested that the traditional banking system is outdated:“You look at Bitcoin and you say ‘Hey, this is great because…

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Lightning Network Will Drive Bitcoin to $250,000 by 2023 — Tim Draper

Lightning Network Will Drive Bitcoin to $250,000 by 2023 — Tim Draper

The venture capital mogul highlighted the role of payment processors in helping boost Bitcoin price, which could reach millions of dollars. Bitcoin (BTC) could be worth millions of dollars after 2022 as payment processors allow easier transactions, Tim Draper has forecast. Speaking during a Q&A session at the Malta AI & Blockchain Summit last week, the pro-cryptocurrency venture capitalist said innovations such as the Lightning Network would be key in propelling the Bitcoin price higher. Draper:…

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