Li Ka-shing once again bought the bottom of Bitcoin. Will the digital currency market rebound?
It is understood that Li Ka-shing has long been involved in the blockchain field. As early as December 2013, he invested in Bitcoin payment company BitPay through his venture capital company Horizons Ventures, and then invested in Blockstream in February 2016. These two investments have brought rich returns to Li Ka-shing, and the blockchain industry has become an important part of his investment layout. In January this year, when Bitcoin rose sharply, Li Ka-shing said that he was relatively conservative and believed that Bitcoin was risky. His conservative attitude is reflected in the fact that he only invested more than 100 million Hong Kong dollars in the Bitcoin terminal market in 2014. Although it is not yet certain whether Li Ka-shing will buy the bottom again, looking back at his past four times of buying the bottom, each time was just right and amazing!
The first time buying the bottom: In 1965, the Hong Kong financial crisis broke out and many companies went bankrupt. Li Ka-shing bought land and old buildings at low prices, and his personal wealth quickly doubled, becoming famous in one fell swoop.
Second bottom-fishing: In 1973, the Middle East oil war affected the global economy. Li Ka-shing bought a large number of related assets and became rich again when the economy recovered, successfully becoming a billionaire.
Third bottom-fishing: In 1986, the international oil price fell to around $10 per barrel. Li Ka-shing seized the opportunity to enter the market and acquired 95% of the shares of Canadian oil giant Husky Energy within four years. Nine years later, in 2000, Li Ka-shing relisted Husky on the Toronto Stock Exchange and enjoyed huge profits from rising oil prices. This was called "one of the greatest investments of his life."
Fourth bottom-fishing: During the 2008 financial crisis, Li Ka-shing continued to cash out from the soaring Chinese real estate market and turned to bottom-fishing in Europe, which was jokingly called "buying Britain."
His actions also led many mainland entrepreneurs to follow up. If Li Ka-shing bottom-fishes again this time, market participants should be excited, and good things may be coming. $BTC #币安合约锦标赛
It is understood that Li Ka-shing has long been involved in the blockchain field. As early as December 2013, he invested in Bitcoin payment company BitPay through his venture capital company Horizons Ventures, and then invested in Blockstream in February 2016. These two investments have brought rich returns to Li Ka-shing, and the blockchain industry has become an important part of his investment layout. In January this year, when Bitcoin rose sharply, Li Ka-shing said that he was relatively conservative and believed that Bitcoin was risky. His conservative attitude is reflected in the fact that he only invested more than 100 million Hong Kong dollars in the Bitcoin terminal market in 2014. Although it is not yet certain whether Li Ka-shing will buy the bottom again, looking back at his past four times of buying the bottom, each time was just right and amazing!
The first time buying the bottom: In 1965, the Hong Kong financial crisis broke out and many companies went bankrupt. Li Ka-shing bought land and old buildings at low prices, and his personal wealth quickly doubled, becoming famous in one fell swoop.
Second bottom-fishing: In 1973, the Middle East oil war affected the global economy. Li Ka-shing bought a large number of related assets and became rich again when the economy recovered, successfully becoming a billionaire.
Third bottom-fishing: In 1986, the international oil price fell to around $10 per barrel. Li Ka-shing seized the opportunity to enter the market and acquired 95% of the shares of Canadian oil giant Husky Energy within four years. Nine years later, in 2000, Li Ka-shing relisted Husky on the Toronto Stock Exchange and enjoyed huge profits from rising oil prices. This was called "one of the greatest investments of his life."
Fourth bottom-fishing: During the 2008 financial crisis, Li Ka-shing continued to cash out from the soaring Chinese real estate market and turned to bottom-fishing in Europe, which was jokingly called "buying Britain."
His actions also led many mainland entrepreneurs to follow up. If Li Ka-shing bottom-fishes again this time, market participants should be excited, and good things may be coming. $BTC #币安合约锦标赛