Cryptocurrency is a kind of virtual/digital currency that uses cryptography (includes measures such as encryption) for enhanced security. Since its inception and birth in the year 2009 (in the form of Bitcoin), the crypto-currency market has a $500 million worth as of today. But going in blindly may bring you losses. Hence it is better to follow the investors, people who have invested huge sums of hard earned money into the blossoming market and have gained rich dividends. Here are some of the crypto-currency investors that you should follow to be a confident investor yourself.
1. Ari Paul
Ari is the co-founder of the Black Tower Capital, an investment company that specializes in cryptocurrency » . You can read his blogs at “The Crypto Investor” website. He is also the CIO of the firm and holds ample of qualification and experience in the investment management segment.
2. Marc Van Der Chijs
An investor in the Chinese You-Tube mimicking company by the name tudou.com, Marc knows where the best and emerging investment opportunities lie. He holds the position of Director at an investment bank by the name FirstCoin.com that specializes in the coin and token offerings. You will get to know the real world and pragmatic views of the able investor on Twitter.
3. Winklewoss Twins
The well-known platform of cryptocurrency trading Gemini is run by Cameron and Tyler Winklewoss, twins who once claimed that Facebook was their idea. They are the first of all the BitCoin millionaires, and their initial investment of $11 million in the year 2013 (Bitcoin was valued at $120 at that time) has yielded unimaginable returns.
4. Michael Novogratz
You can trust the former Goldman Sachs partner for the short-term investments. He knows when to hold his assets and when to sell them, for attaining good gains. Ranked by Forbes as a billionaire in the years 2007 and 2008, the ex-hedge fund's manager has served the Fortress Investment Group, a well-known business concern.
5. Tim Draper
Timothy Cook Draper, a well-known capital investor, is the founder of the investment firm Draper Fisher Jurvetson. He is well known for the purchase of 30, 0000 Bitcoins that were auctioned by the US Marshals Service. The $20 million purchase is worth $215 million now. The investor has led a number of successful and well-known companies including Twitter, Skype and Tesla and remains hopeful for the Bitcoin future even when the coins lose their market value. According to him, in future more of the cryptocurrencies will be used and the use of flat currency will be laughable. Follow his tweets to know more about his insights.
6. Barry Silbert
During the auction of the year 2014 in which Tim Draper participated, Barry Silbert purchased the majority of Bitcoins at a rate of $350 each. The investment of 16.8 million is now worth $670 million. Barry is the founder of the Digital Currency Group and was initially an angel investor in many Bitcoin companies. The investor has alone propelled the growth of a number of digital currency companies and has expert advice today on various aspects related to cryptocurrency. His views bring to you a bigger picture of the digital currency world and you can always interpret the ideas to gain more.
7. Juthica Chou
Juthica has spent more than 7 years in the profession of investment and derivatives trading with Goldman Sachs. She is also the co-founder of LedgerX, the first Federally regulated investment platform for trading in the digital currencies like Bitcoin. It is here that the institutional investors can also trade in the digital currencies and add to the growth of the virtual currency, while also gaining from the new market. The blogs of Chou on crypto-currency can be read at the website of LedgerX. You will know much more about the real world issues that relate to cryptocurrency here. She cannot be followed on Twitter though.
8. Blythe Masters
J.P.Morgan Chase’s former managing director is now the CEO of the renowned Fintech Digital Asset Holding. The firm efforts at the application of the blockchain technology in the Wall Street, and towards the settlement of transaction at faster speeds. She has vast experience and knowledge in the domain and you will find her views really interesting when it comes to crypto-currency. Bitcoins got a lot of attention and legitimacy due to her efforts and opinions.
Investing in Bitcoins can be a profitable option when you are ready to give some time to it. Do your research and do not expect returns soon. The price swings make the investment option riskier, and in order to stand in the long run, you need to settle comfortably with the volatility. While the option is speculative, you can invest the extra/unused money and get astounding results that are unmatchable when compared to other avenues.