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
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.
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.