Businessman and well-known TV presenter Kevin O'Leary previously represented the camp of bitcoin skeptics and doubted that digital currency would become part of the modern market.
However, he recently changed his point of view drastically and started investing in both BTC and other cryptocurrencies.
Now up to 10% of his portfolio, Kevin O'Leary holds in virtual currencies. In 2022, he plans to increase this share to 20%.
It is possible to reduce the negative impact of inflation through investments in stablecoins. The return on investment in such dollar-backed assets can rise to 6%.
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In addition to stablecoins, the TV presenter invests in bitcoin, ether, and other cryptocurrencies. But for now, he does not plan to increase capital investments in BTC and ETH, which periodically show turbulence.
Shortly, institutional investors are unlikely to massively enter bitcoin due to its volatility, Kevin O'Leary emphasized.
However, among the experts, there are also supporters of a different concept. In their opinion, on the contrary, in 2022, institutions will continue to enter the crypto sphere. The trend set last year will continue. This point of view, for example, is shared by the CEO of Real Vision, Raul Pal.