We witnessed Kevin O’ Leary in a fantastic talk show on Sfgate.com cryptocurrency talk. He said a statement that the cryptos make around 10 percent of his overall investment portfolio.
He exclaimed that he targeted 3 percent of the net portfolio but actually went up to around 7 percent. Because of many investments, he now has around 10 percent of it. He said that his outlook on Bitcoin changed. He said that not only bitcoins but various other options are still there in the market like Ethereum, and being a specialist, he knows that this can be a future.
He was a skeptic in cryptocurrencies who also called Bitcoin garbage mockingly. He then refurbished his statement and talked about the change in his outlook. He said that he bought his bitcoin in the year 2017.
At that time, there were many problems with bitcoin, and it was not doing so well as it is now. Now he says that he has investments everywhere and uses their services and gets all the regulations. His own department puts a great emphasis on the future of cryptocurrencies like bitcoin and is known to be one of the best mediums for investment in this decade.
They bought at a very different stage where bitcoin was not so regulatory, but now the regulations and ten policies can make a profit and can lead you to earn a lot. He publicly praised the upcoming cryptos as well. He became the exchange FTX spokesperson.
He also praised other cryptos. For instance, he exclaimed ETH, known as Ethereum, to be a deflationary asset. In the recent article and flaming news, the Shark Tank star’s allocation of the crypto finally surpassed his overall holdings of the gold.