Despite the cryptocurrency market suffering a tremendous blow, some of its most avid supporters are not showing any signs of pessimism and, in fact, remain enthusiastic about its future, including the founder and managing partner at investment firm SkyBridge Capital.
Indeed, Anthony Scaramucci, who is also known for being the former advisor to Donald Trump, has expressed his belief that the crypto market will recover, as long as its participants remain disciplined, as he told CNBC’s Squawk Box host Andrew Ross Sorkin in an interview published on June 13.
As someone who is going through his eighth crypto market dip, he has stayed assured of the positive outcome, as he opined:
“I am encouraged by the fact that Bitcoin is above 50% of the overall crypto market cap right now, which is another sign that there’s a flight to quality there… I would recommend to people just stay disciplined.”
Dip history repeating itself
Scaramucci stressed that the situation with Celsius is putting pressure on the market in the same way that Terra (LUNA) put pressure on it about six weeks ago, advising people to stay disciplined.
Nicenko, A. (2022, June 13). Skybridge Capital bought the crypto dip as founder advises investors to ‘stay disciplined’. Finbold. Retrieved June 14, 2022, from https://finbold.com/skybridge-capital-bought-the-crypto-dip-as-founder-advises-investors-to-stay-disciplined/