Well-known bitcoin supporters, Crypto guide, Cryptocurrency tips, Investment

Well-Known Bitcoin Supporters

14 Jul 2021

Well-Known Bitcoin Supporters

Bitcoin is gaining traction due to its bull market phase, which exploded and resulted in a price of over $60,000. Needless to say, Bitcoin and its advantages are well-known all over the world. In fact, a lot of notable investors, both companies and celebrities, are obtaining Bitcoin and are expressing their support for Bitcoin. In this article, we have chosen some prominent investors that have impacted the growth of Bitcoin and have reaped the rewards from its bull market phase.

Winklevoss Twins

Cameron and Tyler Winklevoss are predominantly known for their conflict with Mark Zuckerberg. As entrepreneurs that we’re always investing in innovative ideas, they’ve claimed that Zuckerberg had stolen ConnectU and has developed Facebook, instead.

However, they reached a settlement of $65 million and used the money to start other endeavors and make a notable BTC investment. In fact, they deliberately invested in BTC in 2012, when the price of Bitcoin was around $8.

Thanks to the subsequent bull runs of Bitcoin, the net worth of Cameron and Tyler Winklevoss has grown to $900 million. Today, they are still very much supporting Bitcoin, and other cryptocurrencies, while they have predicted that its value will surpass $500,000 by 2030.

Grayscale Bitcoin Trust Fund

This is a prominent name in this field – the Grayscale Bitcoin Trust fund, which buys, sells Bitcoin on behalf of investors and organizations. The main advantage for investors is that they are able to reap the rewards of the price fluctuations of Bitcoin without worrying about the storage of their BTC, or finding the right trading site, for example.

The main drawback for investors is annual fees and premiums. Hence, big investors are at an advantage here, especially when they are looking to make a larger investment. One of the organizations that have made a huge investment through this fund is a major Israeli Investment House that has allegedly invested $100 million. Otherwise, they experienced a high annual investment of $1 billion.

If you also want to invest in Bitcoin, there are a lot of choices for individual investors, including reliable trading sites like the bitcoinequaliser.org, which is an AI-powered platform, and the robot generates tradable signals based on thorough fundamental and technical analysis. Moreover, you could potentially earn up to 60% of your initial investment in just eight hours of trading here. Plus, the platform is mobile-friendly, which means you can trade on the move whenever it’s convenient for your schedule.

Ellon Musk

Ellen Musk is one of the richest men in the world known for his innovative business Tesla and other entrepreneurial endeavors. He has repeatedly publicly expressed his support for cryptocurrencies and Bitcoin.

Namely, on Twitter, he made his followers aware that he is going to support bitcoin. But the important move on his part was a $1.5 billion in corporate crash that they were invested in BTC. This investment was made in February 2021, and it has positively influenced the price of Bitcoin because it has soared to $50,000 before surging again in March and reaching a price of $60,000. In addition, Elon Musk has also reported on Twitter that from now on, the company will accept BTC payments.

PayPal

PayPal is a famous online payment system which allows fast, and secure money transfer over the internet. This is another company that has supported Bitcoin, and it had a major impact on the mass adoption of Bitcoin and other cryptocurrencies. PayPal announced that it would accept BTC payments in 2021, not long after the huge investment of Elon Musk. Moreover, it offers other options such as buying, selling BTC and other cryptocurrencies like Litecoin and Bitcoin Cash.

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