‘Old Money’ Has Stronger Bitcoin ‘Diamond Hands’: Kevin Lee
4 Articles
4 Articles
BingX strategy manager Kevin Lee argues that some wealthy investors approach Bitcoin patiently and as a diversification tool. However, surveys cited in the news show that family offices exposure is still small. *** Kevin Lee described certain investors as “old money” as long-term holders and contrasted his attitude with the search for quick profits. A CoinShares survey of 2,230 investors with at least $500,000 in invertible assets placed appreci…
BingX Exec: “Old Money” Shows More Bitcoin Diamond Hands
Bitcoin’s growing reputation as a portfolio diversifier is resonating with wealthy investors—many of whom, according to BingX chief strategy officer Kevin Lee, are approaching the asset with a longer horizon than typical crypto traders. Speaking during a Token2049 fireside chat with Cointelegraph head of multimedia Ciaran Lyons, Lee said he frequently encounters “old money” investors [...]
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