- Kevin O’Leary is not interested in selling cryptos despite its fall.
- Bitcoin has traded below $19k for the first time since 2021.
The Canadian businessman and investor Kevin O’Leary expressed his viewpoints about selling cryptocurrencies. In a recent interview, he declared that he is not going to sell bitcoin or any other cryptocurrencies even in the stage of the crypto market fall.
In the interview published on Saturday, the Shark Tank star said that,
“I am not selling anything, Long term you just have to stomach it. You have to understand you will get volatility, and that some projects are not going to work.”
According to O’Leary, the current crypto bear market may sustain the entire crypto sector for the long run. The current fall will teach investors and it improves the technology also.
He added
“The failure of the smaller projects, according to the investor, will help strengthen the crypto market even as the floundering projects will be regulated out of existence”.
Kelvin’s Hold on Crypto Assets
Currently one of the crypto industry leaders, Kevin O’Leary holds the 32nd position in the Digital asset market. According to the Insider, he holds crypto assets such as Polygon, Solana, etc. Furtherly, he is doubling down his crypto tokens such as Bitcoin, Ethereum, and also Web3 projects.
Even at the time of the crash of the crypto market, the billionaires still kept supporting the cryptocurrency industry. Tesla CEO Elon Musk recently said that he will still keep supporting trading cryptocurrencies, especially Dogecoin.
Meanwhile, the current crypto market is continuously facing a huge crash. The major cryptocurrencies are still witnessing huge losses. Bitcoin is trading for $20,424.27. The top altcoin Ethereum is trading for $1,156.59.
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