Max Keiser’s Bitcoin Investment Value Up Over 20,000,000%
If you make investments in Bitcoin, you may have seen the value of your investment skyrocket. Max Keiser recently shared that the value of his Bitcoin investment has gone up over 20,000,000% since he first bought it in 2011. Back then, Bitcoin started at around $0.30 per coin, increased to $22.9, and then fell to around $4 by the end of the year.
Keiser Remains Bullish on Bitcoin
Even though the price of Bitcoin has gone through some ups and downs, Keiser remains upbeat about it. He believes there’s a chance that the cryptocurrency will see a “God Candle” of $100,000 and states that it will “shift the global axis of wealth and power in 1 tick.”
Qatar’s Sovereign Wealth Fund and Predictions
Keiser’s prediction is based on rumors that Qatar’s sovereign wealth fund is looking to invest $500 billion into Bitcoin. However, the fund, known as the Qatar Investment Authority, has total assets of only $475 billion and is unlikely to put the entire fund into one asset. Keiser also predicted that Bitcoin would reach $220,000 per coin by the end of 2022, a forecast that has yet to come true.
Hot Take: Max Keiser Remains Bullish on BTC Despite Failed Predictions
It’s clear that Keiser’s optimism about Bitcoin remains strong despite the cryptocurrency’s failure to reach previous highs, and he believes in the potential for a significant increase in its value in the future.
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