Lots of Russians want to invest in bitcoin but we believe it’s a bubble, wealth fund chief says

bitcoin

A panel of fund managers have given their tips on where to find pockets of value in the market — and what assets investors should avoid.

The cryptocurrency bitcoin soon popped up in the discussion.

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Now is the best time to invest in bitcoin, says digital currency hedge-fund manager

bitcoin

Market watchers should invest in bitcoin now that prices are down, says BK Capital Management founder Brian Kelly.

“Now, when everyone is saying … it’s over, that’s it, bitcoin is dead, for the 175th time. Now’s the time you start looking at it, on the buy side,” Kelly, portfolio manager of the BKCM Digital Asset Fund, told CNBC on “Fast Money” Tuesday.

Continue reading “Now is the best time to invest in bitcoin, says digital currency hedge-fund manager”