SkyBridge Capital Founder Anthony Scaramucci, CoinShares CSO Meltem Demirors, and Seymour Asset Management CIO Tim Seymour join host Melissa Francis, former CNBC, MSNBC, Fox Business, and FOX News anchor, to delve into the nuances of the digital currency market.
Watch the full interview and see more on crypto, inflation, and interest rates from Wall Street titans on Magnifi by TIFIN.
Melissa Francis
Welcome back to Magnifi by TIFIN. Today, we are talking crypto and the best way to incorporate it into a portfolio. Tim Seymour is CIO of Seymour Asset Management, and Meltem Demirors as chief strategy officer at CoinShares. Welcome to both of you.
Melissa Francis
You guys have both been pioneers in crypto. But before we get to that even, I want to get your reaction to what you heard Anthony Scaramucci say. Well, let's start with crypto. I mean, he says he thinks it's going to get to 100,000 in the next two years. What do you think about that?
Tim Seymour
Meltem, do you want to jump in? I'll jump in. Yeah, I think we've seen a ton of volatility in crypto and Bitcoin markets in in the last, probably five years. So the question of calling where 100,000 is the mark, I think the more important dynamic is that prices are moving higher and that the drawdowns of 20% to 40% seem to be somewhat garden variety. I think we're going to get into this conversation, the fundamentals for owning Bitcoin.
Something I also heard Anthony talking about is the regulatory environment around Bitcoin is something that's actually a friend to the pricing, and despite the decentralized nation and some of the ethos and the existential reasons for wanting to own Bitcoin, and I get it. Defi to the moon, but Bitcoin's going higher.
Continue reading "Cryptocurrency Strategies for 2022"
