George Soros Prepares to Trade Cryptocurrencies

[lovethetrade]

George Soros called cryptocurrencies a bubble in January. Now his $26 billion family office is planning to trade digital assets.

https://www.bloomberg.com/news/arti...book-business&utm_campaign=socialflow-organic

 

[patrickrooney]

The family office crowd has been knocking on the door for some time. The recent chatter about a pickup on OTC transactions for cryptocurrencies was a strong tell.

 

[Evermore2017]

a monster Soros short sell?

 

[Frederick Foresight]

George Soros called cryptocurrencies a bubble in January. Now his $26 billion family office is planning to trade digital assets.

https://www.bloomberg.com/news/arti...book-business&utm_campaign=socialflow-organic

Those are not necessarily conflicting points. You can still ride a bubble; reflexivity and all that. Besides, you don't know which side he will trade it, if at all.

 

[d08]

Those are not necessarily conflicting points. You can still ride a bubble; reflexivity and all that. Besides, you don't know which side he will trade it, if at all.

Exactly. I think the whole economy is in bubble territory now, that said I still regularly go long. Different instruments, different timeframes.

 

[Patryk Jalmuzna]

Exactly. I think the whole economy is in bubble territory now, that said I still regularly go long. Different instruments, different timeframes.

"There is a good time to buy a bad company and a good time to sell a good company"