He said he sold all his rental properties and even a car and is now 100% into bitcoin. He thinks it’s smart. Do you agree?
He has a net worth of $1.4 billion, his sources of
wealth are Bitcoin, other cryptocurrencies
Matthew is the co-founder and chair of Bloq Inc., was a speaker at the Token Summit in New York, U.S. in 2018. He started investing in bitcoin in 2012 and was an early participant in initial coin offerings, acquiring tokens like Mastercoin, Factom, and Maidsafe in 2013.
I am not sure about the exact net worth of Matthew but I presume he is more than rich because of his long-term experience in investment.
His investment is mainly in Bitcoin and other Cryptocurrencies. Because most Cryptocurrencies are gaining value day in and day out in today’s world, the guy could be worth billions of dollars.
The plan to sell most of his assets and dive into Bitcoin investment fully is smart because of the growing of value of Bitcoin as time goes.
It would be helpful to know more about Matthew’s financial goals and risk tolerance before suggesting whether going all-in on Bitcoin is a smart move.
Matthew Kratter, the founder of Trader University and the popular YouTube channel Bitcoin University (formerly Trader University), has more than 25 years of investing experience. He has worked at large hedge funds, including Peter Thiel’s hedge fund Clarium12. It’s safe to say that he has accumulated significant wealth over the years. Some sources suggest that he has a very high net worth and has sold assets to invest in Bitcoin3. However, exact figures are not publicly available. Matthew Kratter’s expertise extends beyond Bitcoin; he also teaches stock trading strategies and investment techniques used by professional traders4. His contributions to the financial markets and Bitcoin education have made him a notable figure in the industry.