RATE Group | Arrington XRP Capital partner states that 50% of his net worth is in cryptocurrency
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Arrington XRP Capital partner states that 50% of his net worth is in cryptocurrency

28 Sep Arrington XRP Capital partner states that 50% of his net worth is in cryptocurrency

Posted at 03:50h in Cryptocurrency News by

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Michael Arrington, Partner at Arrington XRP Capital, recently appeared in an interview with Beyond Blocks at the Seoul Summit 2018, wherein in he spoke about the cryptocurrency market. While speaking about the technology, he also mentioned the advantages of XRP and why he chose XRP for his hedge fund project.

Speaking about the current state of the cryptocurrency market, Arrington stated that there will be “ups and downs.” He went on to say that he had a good idea where the market was going in 10 years, and he wanted to be in the middle of that. According to Arrington, the current market status presented itself as a buying opportunity. It was not the time to “panic,” he added. He went on to say:

“I’m old enough to have gone through some pretty major market crashes and I’ve seen that that is the time to buy.”

Michael revealed that he had been putting money in the industry. He stated that in December last year, around 20% of his net worth was in…

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