“Mr. Shark Tank star billionaire businessman Kevin O’Leary, nicknamed “Wonderful”, sees other opportunities in the crypto space besides investing in Bitcoin (BTC) and altcoin projects.
Famous billionaire’s choice altcoin projects and why
In a new interview with Kevin O’Leary, Canada-based decentralized finance (DeFi) platform WonderFi and Porto focusing on Non Fungible Tokens (NFT) He explains the rationale behind investing in Immutable Holdings, a Rico-based Blockchain company:
Web 2.0, I decided I wanted to own some of the Web 3.0 infrastructure. That’s why I took positions that regulators allowed and mainly Canadian equity. These names have 5% weight because I want to have pickaxes and shovels. It’s not just gold that people make money during the gold rush. It was pickaxes and shovels, so I have a lot of picks and shovels in my portfolio, and again it’s all software.
As we have mentioned in the news of Kriptokoin.com before, the famous billionaire said that centralized companies such as Facebook, which is Meta, will have the advantage of accessing the money of advertisers on the metaverse base, and he attributed this to providing safer areas for companies to showcase their brands.
“These companies offer great opportunities for young professionals”
According to the famous billionaire, these companies offer great opportunities for young professionals because the people behind these companies offer financial services. is building its future. Kevin O’Leary expresses his views as follows:
Young people want to be on Blockchain. That’s where the future is, and they’re the smartest hands, and that’s where they make the most money. Because they carry out the latest developments in financial services. That’s the investment thesis.
The famous investor emphasizes that his investments in crypto infrastructure games have so far exceeded earnings from Bitcoin (BTC). Kevin O’Leary makes the following statement regarding his investments:
It’s not just Bitcoin. Some of these stocks have outperformed Bitcoin for me. Because as markets began to recognize the virtues of owning these companies, they made dramatic moves.
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