Big crypto investors are generally thought of as "the whales". They come into the market, buy tokens and then sell it for profit. The truth about their influence on cryptocurrency is very different.
As Bitcoin's price continues to grow, more people than ever before are seeking ways to get involved with cryptocurrency. Some investors may want to trade cryptocurrencies but don't know how or where to start, while others want to invest in the best-performing currencies over the long term.
If you're struggling with finding reliable information about how to invest in cryptocurrencies, take a look at our top five most influential (and richest) crypto-investors!
Number 5:
Tim Draper is a venture capital investor and the founder of Venture Capital firm, DFJ. Draper has been investing in technology companies for 25 years with his early investments including Skype, Hotmail, and Tesla Motors. He was an early supporter of Twitter and made $4 million when the company went public in 2013.
He is known as one of the most influential investors in Silicon Valley and recently he announced that he will invest about $400 million to support the top crypto-exchange Binance. That means his investment will go up to 10%!
Number 4:
Brian Armstrong co-founded Coinbase back in 2011. This year's January saw Coinbase's valuation surged to a staggering $8 billion, thanks to a new
$300 million funding push.
Coinbase is a U.S.-based cryptocurrency exchange and operates in 32 countries with 20 million users. The company just opened an office in Japan at the end of August, signaling that it's serious about dominating Asian crypto trading and paving the way for larger institutional investors to enter the market.
Number 3:
Michael Novogratz is a former hedge fund manager on Fortress Investment Group. He was recently ranked #73 on Forbes 400 list with a $1 billion net worth. Recently he said that Bitcoin will reach $10,000 very soon. His predictions are often accurate as he has been investing in cryptocurrencies since 2013! Mr. Novogratz has invested around 10% of his money into digital currencies like Bitcoin, Ethereum, Monero, and others.
Number 2:
The name of the second person on our top 5 famous crypto investors list is Barry Silbert. He's the founder and CEO of Digital Currency Group (DCG) which was built with an emphasis on venture capital. Mr. Silbert has invested in about 100 different cryptocurrencies! He is also the creator of Bitcoin Investment Trust which is one of the first publicly traded bitcoin investment vehicles. DCG now manages more than $600 million in assets with holdings that include BTC China, BitFlyer, Unocoin, Ripple Labs, Kraken, BitPesa, etc.
Number 1:
Blythe Masters is a former senior executive at JPMorgan Chase who created this year's buzz around cryptocurrencies. She recently joined blockchain start-up, Digital Asset Holdings as CEO. Blythe Masters announced earlier this year that JPMorgan will start using Blockchain technology for financial transactions to reduce transaction costs and enhance its security features.
That concludes our list of the top 5 most famous crypto investors! We hope you found the article interesting and if so please share it with your friends. If you need additional information on cryptocurrencies check out cryptoholics.com!
