Since Bitcoin (BTC) breached the monumental $20,000 price milestone and subsequently crashed, crypto investors en-masse have sought to determine when the asset would retest five-digits. While an array of crypto pundits have speculated, throwing their\u00a0zany predictions into the crockpot that is Twitter, the date of the next parabolic rally’s commencement is still elusive. Yet, a majority of industry commentators, many of which have a vested interest in BTC, are sure that the flagship cryptocurrency has further to run.<\/p>\n
Alistair Milne, the chief investment officer at Digital Currency Fund, touched on this thought process via recently-posted social media comments, in which he stated that Bitcoin accentuates an “asymmetric” risk profile.<\/p>\n
Milne, a Monte Carlo-based, crypto-friendly entrepreneur, took to Twitter on Saturday to remark on why he’s “still bullish” on Bitcoin, which was beaten to hell and back over 2018. Milne, who sports over 62,000 followers on Twitter, noted that earliest investors in BTC used to speculate that the asset was an “asymmetric investment opportunity.”<\/p>\n
\nStill Bullish 1\/6:
As early Bitcoin investors, we used to speculate about how it was an 'asymmetric investment opportunity' … i.e. you could lose 80% OR make several multiples on your investment<\/p>\n— Alistair Milne (@alistairmilne) January 19, 2019<\/a><\/p><\/blockquote>\n