Popular investor Kevin O’Leary has revealed that he still sees cryptocurrencies as a viable investment class despite the recent sales that rocked the markets.
In an interview with Yahoo Finance Live, O’Leary compared Bitcoin (BTC) and Ethereum (ETH) investments to the early days of some of the world’s leading tech companies that experienced violent price movements before becoming industry leaders. The Shark Tank star also said the following about what the biggest opportunity for investors is in 2022:
O’Leary then laid out his strategy on how to choose from the tangle of investment options in the digital asset space:
The macro investor says he acknowledges the extreme volatility of crypto, but also reminds people that Amazon often sees wild price swings before gaining market dominance.