Early Bitcoin investor feels pain of crypto crash: ‘Nervous,’ but market ‘recovers’ in long-term

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Bitcoin investor Nikki Beesetti joined 'Varney & Co.,' Tuesday, to provide insight into the crypto market crash and how it impacts her investments in the currency.

FOX Business' Stuart Varney and Susan Li discusses the top market stories as trading begins.

Last year, the early bitcoin investor joined "Varney & Co.," to provide insight into how she used a single bitcoin investment to fund her entire second semester of college. "I was able to buy one bitcoin with $2,000 which ended up turning out to be $19,000 by the end of 2017," she toldNow, Beesetti noted that, although the market has crashed – which is contending with scorching-hot inflation – she said it’s "hard" for her to sell out, but would consider "once crypto spikes back up."

She added that her investing in cryptocurrencies has made her "tens of thousands of dollars," but said, since the market crash, she’s down to "several thousands."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Tulip bulbs are coming back soon. Honest.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Market Cap Falls Below $1T for First Time Since Early 2021The market capitalization for cryptocurrencies fell to nearly $970 billion, a level previously seen in January 2021. By shauryamalwa shauryamalwa Please show 10year chart
Source: CoinDesk - 🏆 291. / 63 Read more »