In today’s time, cryptocurrency has become the talk of the town. While crypto has existed for a decade now, it seems to have gained massive popularity in recent times. As a result, many people are looking ahead to start growing their money with crypto investors. However, in this article, I will talk about 6 legendary traditional investors making huge money with cryptos.
So if you are not sure whether putting your money would be a safe option, these pros have proved to make a fortune out of it.
Also, if you don’t know anything about the crypto market then websites like TheMoneyMongers.com are a savior for you which reviews all the cryptocurrency products like exchanges, wallets, trading platforms and save all the hassle for new investors just like you.
Anyway, let’s jump into the topic right away:
Traditional Investors who are now Crypto Investors
1. Raoul Pal
Raoul Pal is one of the famous crypto investors who happen to retire at the age of 36. He worked as a former hedge fund manager. Also, he is the co-found of Real Vision, which is a financial media company that offers in-depth video interviews and research publications from the world’s best investors.
He also ran a successful global macro hedge fund and happened to co-manage Goldman Sachs’ hedge fund sales business in Equities and Equity Derivatives in Europe.
Furthermore, Raoul Pal also helped design the BBC TV program Million Dollar Traders, training participants in investment and risk management strategy.
Currently, he has retired from managing client money and living in the Cayman Islands. He now only manages Real Vision and writes for The Global Macro Investor.
2. Max Keiser
In the end, there is the max keiser. Keiser is an American broadcaster and filmmaker. He is also known for hosting Keiser report, which is a financial broadcast on the media channel RT.
He used his platform to educate people about the dangers and corruption of central banking. He also happens to be a longtime Bitcoin educator and advocate.
He is one of the veteran crypto investors who has been advising people to buy Bitcoin since it was priced at $1.
Moreover, he has a background in banking, options trading, and financial technology innovation. Also, in 2013 he founded the Heisenberg Capital and became an early investor in both Bitcoin and many other Bitcoin-related start-ups such as Kraken, Bitso, Bitfinex, Exodus, Bitpay, and many more.
3. Dan Tapiero
Dan Tapiero is another traditional investor turned into a crypto investor. In the early days of his career, he used to be a Global Macro investor and co-founded GBI.
Also, in his 20 years of career, he worked as a portfolio manager and analyst with a number of well-known investors, like Stan Druckenmiller from Duquesne Capital, Michael Steinhardt from Steinhardt Capital, Julian Robertson from the Tiger Management, Steve Cohen from the SAC Capital, and Lord Rothschild from the RIT Capital.
In 2004 he founded a global macro fund, DTAP capital. Also, he co-founded a private USA Farmland REIT, AGCOA, in 2007, GBI in 2008, and US Farm Trust in 2013.
Furthermore, he is also a member of the Economic Club of New York and Business executives for National Security.
He also sits on the investment committee of the Lawrenceville School, where he plays his role as a board member.
4. George Soros
Up next, there is George Soros. He is considered one of the legendary hedge fund managers and the most successful investors of all time.
In his career, he has managed a lot of different funds, Quantum Fund being one of them. Even Quantum Fund achieved an average annual return of 30% from 1970 to 2000.
According to the reports, it is said that he has a worth of more than $8 billion as of 2021. However, he has donated more than $30 billion to charitable causes.
Talking about his relationship with crypto, in January 2018, Soros called the digital currency a bubble. As digital coins are too volatile to function compared to reliable currencies. However, on April 6 2018, it was reported that Soros Fund Management had received internal approval to trade in cryptocurrencies.
5. Mike Novogratz
In the world of crypto investors, Mike Novogratz is definitely one of the famous names. He has a net worth of $700 million. Also, his value is made of an estimated 50$ crypto assets.
In the early days of his career, he headed up a macro fund at Fortless Investment group. Also, he served as the entity’s president before exiting in 2015.
Also, according to the reports, he received a value of $256.6 million upon his departure. However, as of now, he is working as CEO and running Galaxy Digital which is an investment outfit centered around digital assets or crypto.
In the world of crypto, he has also served as one of the most promising Bitcoin bulls throughout the years. Also, he promoted Bitcoin during a number of interviews and mainstream media outlets in 2020. Also, it is expected that he will continue to raise awareness around crypto and push the digital asset class further.
6. Trace Mayer
Tracer Mayer is one of the well-known investors, entrepreneurs, journalists, monetary scientists, and a defender of the freedom of speech. He holds degrees in accounting and law. Along with that, he also studied Austrian economics.
Mayer is known for starting funding core Bitcoin infrastructure, including Armory, which offers foundational security for Bitcoin wallets. Also, Bitpay, which happens to be the largest merchandise processor, and kraken, which is one of the largest Bitcoin/EURO exchanges and a major liquidity provider globally.
He is also known for presenting Bitcoin both objectively and persuasively to a wide range of audiences. Such as members of the Federal Reserve, major financial institutions like the IRS, FBI, FTC, and more.
So those were some of the legendary traditional investors turned into crypto investors. Even apart from them, there are so many crypto investors who made a huge fortune. And knowing about them is definitely an interesting thing. However, if you are going to invest in crypto, make sure you are doing your proper research, and you too would be able to make a huge profit out of crypto.
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