Dogecoin Comment from Billionaire Investor Stanley Druckenmiller

Investor Stanley Druckenmiller
Investor Stanley Druckenmiller

Millionaire Investor Stanley: “I’m Laughing at DogeCoin Rise”

American billionaire investor Stanley Druckenmiller, who made a big impression on buying Bitcoin in the past months, stated his comments about Dogecoin, which has been gaining in popularity recently. Stating that he was never interested in DogeCoin, Druckenmiller said, “I just laugh when the price goes up.” 

Stating that he only went crazy when the Bitcoin price rose, Stanley Druckenmiller compared buying or selling Dogecoin to gambling and used the following statements:

“I pretend that there is no cryptocurrency called Doge. I neither ‘short’ him nor open a ‘long’ position. When the price goes up, it doesn’t even affect me in a small way. Neither long nor short… Do not open both. Of course, if you like to go to Las Vegas and play, then it’s fine.”

Investor Stanley Thinks DogeCoin, The Result Of Crazy Monetary Policies 

Stating that he only went crazy when the Bitcoin price rose, Stanley Druckenmiller compared buying or selling Dogecoin to gambling and used the following statements:

“I pretend that there is no cryptocurrency called Doge. I neither ‘short’ him nor open a ‘long’ position. When the price goes up, it doesn’t even affect me in a small way. Neither long nor short… Do not open both. Of course, if you like to go to Las Vegas and play, then it’s fine.”

Stanley Who Doesn’t Care About DogeCoin Says Impressed When They Hold Bitcoin

When he learned about bitcoin for the first time, “Do you need another coin? We have US dollars. We already have money. Stating that he thinks, Druckenmiller said that the thing that affected him the most in Bitcoin was that 86 percent did not sell their BTC when Bitcoin fell from $ 19 thousand to $ 3,000:

“Paul Tudor Jones called and said that 86 percent did not sell their BTC in the big drop. This had an incredible effect on me. Who wouldn’t sell an asset that fell from 19k to 3,000? 86% did not sell. Then the crazy monetary policy of the Central Bank got involved…  Besides, isn’t this money that has been in our lives for 13 years? It’s branded now. I tried to buy 100 million dollars, but I was able to buy even 20 million dollars of BTC in 2 weeks. I wanted to buy it for 6 thousand 200 dollars, but I think I got it for 6 thousand 500. How silly. It took me two weeks. This would take under 2 seconds. Then I stopped taking it. Like a fool… What I saw next was 36 thousand dollars.”

The successful investor also said that he thinks gold and Bitcoin will appreciate even more if the FED maintains the same policies.

SEE ALSO; Dogecoin Officially Listed on Coinbase Pro

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