Venture capitalist Fred Wilson suggested that bitcoin investors buy the post-crash dip because there are a lot of exciting developments right now that make the crypto industry worth investing in. Wilson proffered the advice in a February 28 blog post: “We are in the post-crash cycle in crypto, and that has made the sector interesting to me again. Prices are way down and there is a lot of great work being done on projects we are invested in and projects we want to invest in.” That’s hardly controversial or earth-shattering advice: Buy low, sell high is a stock market cliché.
The post ‘Prices are Way Down’: Bitcoin Investors Should Buy Post-Crash Dip Now, Says VC Chief appeared first on CCN
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