CryptoBank.Ltd - Buy bitcoin now while it's still cheap, says cryptocurrency hedge-fund owner

" Bitcoin may have reached its bottom this year, Dan Morehead, founder of Pantera Capital Management, told CNBC. So now is a good time to buy."All cryptocurrencies are very cheap right now," said Morehead, who serves as CEO and co-chief investment officer of Pantera. "

"Many institutions are essentially buying the rumor [of potential SECregulations] and selling the fact," he said. "Getting invested now so that in three, four, five months when the institutional, quality-regulated custodians that we're hearing about come online, they'll already have their positions." - Kellie Ell - Read Full Article

Source: CNBC

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