If You Ignored A Saudi Prince In 2017 When He Said Bitcoin Would Eventually 'Implode' — Here's How Much You'd Have Today With Just A $100 Investment
Portfolio Pulse from Mehab Qureshi
In 2017, Saudi billionaire investor Prince Alwaleed bin Talal predicted that Bitcoin would 'implode' due to lack of regulation and oversight. However, since his prediction, Bitcoin's value has surged significantly. If an investor had invested $100 in Bitcoin on the day of Alwaleed's prediction, their investment would now be worth $521.
July 06, 2023 | 11:07 am
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Despite predictions of its downfall, Bitcoin has shown significant growth since 2017. This demonstrates its resilience and potential as an investment, despite regulatory concerns.
Bitcoin's value has surged despite Prince Alwaleed's prediction of its implosion due to lack of regulation. This shows that Bitcoin has been able to thrive even in the face of skepticism and regulatory concerns, making it a potentially profitable investment.
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