If BTC had regulations, I would invest more in it: Shark Tank's Kevin O'Leary
In Kevin O'Leary's statement, he said he never had an unfavorable opinion against bitcoin, but he would have been happier if they were bitcoin regulations.
Major Updates
- Shark Tank Investor considers bitcoin investment
- Kevin is willing to a reasonable amount of his portfolio
- Regulations will improve bitcoin's acceptance
Kevin is a Canadian Businessman, and he said this to counter his last year's statement that BTC is not a real currency. In the podcast, he still didn't shy away from Bitcoin volatility.
Kevin made it known that he now has an investment in BTC, and he will invest more of $400million worth in the crypto world. He also added that he add alternative feelings and long term plans for the crypto market/ world.
He also added that adding more BTC investment might only be for the heck and nothing more. If there are regulations, more percentage and more investment will be pumped into BTC. Shark said if he gets news that the Swiss, Euro, Canadian or American government agrees to regulate, over 20% of his portfolio will be in BTC.
*Are you surprised to see Shark have a contrary opinion? *
