A world renowned investor just said what many other people are going to be uttering throughout much of 2020 and 2021...
As bitcoin keeps climbing we are going to be hearing a very similar phrase being uttered from all corners of the investing world.
And that phrase is this...
"My only regret is that I didn't buy more Bitcoin"
Someone very famous and influential in the institutional investing game already said those very words this morning...
Check it out:
(Source:
)https://twitter.com/PaulTudorJone/status/1295402106082537472
- PaulTudorJone
Paul Tudor Jones made waves in the investing community a few months back when he announced he was allocating a small percentage of his multi billion dollar portfolio to bitcoin and recommended others to do the same.
More about it can be seen here:
This was really the first time a major heavyweight like him from traditional finance endorsed bitcoin and put his money where his mouth was and actually took an allocation in it.
Now, he wishes he bought more.
But wait, there's more...
Not only did Jones wish he bought more bitcoin, but he also seems to think the price of bitcoin isn't anywhere near done going up.
A few ways down on his tweet someone asked him the question of how he felt about the stock to flow model put out by PlanB on twitter.
You know, the model that is predicting $100k BTC in the next couple years and eventually $1 million BTC:
(Source:
)https://twitter.com/100trillionUSD/status/1294934639132446721/photo/1
- 100trillionUSD
Does that one sound familiar?
Well, his answer was pretty interesting...
Check it out:
(Source:
)https://twitter.com/PaulTudorJone/status/1295402106082537472
- PaulTudorJone
He said his models are pointing to a lot of the same numbers over the next couple years!
So, not only has the stock to flow model been right up to now, it also has billionaire fund mangers thinking it will likely continue to be right over the coming years.
Given that backdrop doesn't make much sense to even think about selling around $12k. :)
Stay informed my friends.
-Doc