RATE Group | Bitcoin BTC to 50k in 3 Years. Chinese Billionaire Zhao Dong Predicts
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Bitcoin BTC to 50k in 3 Years. Chinese Billionaire Zhao Dong Predicts

24 Nov Bitcoin BTC to 50k in 3 Years. Chinese Billionaire Zhao Dong Predicts

Posted at 19:19h in Bitcoin News by

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Zhao Dong, one of China’s most influential “Bitcoin Billionaires,” recently addressed his followers on Weibo (better known as the “Chinese Twitter”), to convey his optimism about the future price of Bitcoin.

Being Bullish in Bearish Times

Zhao Dong explained that even though the cryptocurrency can touch lower prices, his mind is highly bullish and he is convinced that now is an excellent time to buy and hold Bitcoin (BTC). For the founder of Dfund, the right occasion to persuade the community to buy is precisely in bearish times as the ones we live today:

“In the bull market, I don’t persuade people to buy Bitcoin, because it seems easy to make quick money but in fact, it is not. Now I start to talk people into buying Bitcoin. Those who make truckloads of money do not have a very short-term speculative driven investment mindset. Perhaps Bitcoin price will continue to drop even lower, and it may fall up to 50 percent. But it is still worth steadily acquiring coins…

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