{"id":348935,"date":"2021-10-06T08:04:27","date_gmt":"2021-10-06T05:04:27","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/mr-wonderfuls-crypto-allocation-is-now-larger-than-his-gold-holdings\/"},"modified":"2021-10-06T08:04:27","modified_gmt":"2021-10-06T05:04:27","slug":"mr-wonderfuls-crypto-allocation-is-now-larger-than-his-gold-holdings","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/mr-wonderfuls-crypto-allocation-is-now-larger-than-his-gold-holdings\/","title":{"rendered":"# Mr.Wonderful\u2019s crypto allocation is now larger than his gold holdings"},"content":{"rendered":"<p>&#8220;<strong># Mr.Wonderful\u2019s crypto allocation is now larger than his gold holdings <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvMjUzMTJlNjktNDdlNy00MGE3LThkNTctNTQ1NGQyNjdiZDhiLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Entrepreneur and Shark Tank star Kevin O\u2019Leary, also known as Mr. Wonderful. has revealed he now holds more crypto than gold.<\/p>\n<p>During an interview <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=-itA_M-JAv0\">hosted<\/a> by Daniela Cambone from Stansberry Research, O\u2019Leary stated that his investment portfolio has a larger exposure to crypto than gold, however, he still advocates for holding both as they are \u201ctwo different asset classes\u201d and that comparisons between gold and Bitcoin are irrelevant: <\/p>\n<blockquote><p>\u201cI have 5% in gold. Crypto for the first time is more than gold for me, and I&#8217;m going to keep my gold. I see no reason to sell it.\u201d<\/p><\/blockquote>\n<p>\u201cThe best way to look at it, if you\u2019re an investor, either you believe in decentralized finance and centralized finance, and you believe in Bitcoin and Ethereum and the blockchain, or you don&#8217;t. If you don&#8217;t, stay in gold as a hedge, and if you do, tip into it,\u201d he said. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">For the first time ever, my crypto exposure is greater than gold <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DanielaCambone?ref_src=twsrc%5Etfw\">@DanielaCambone<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/WonderFi?ref_src=twsrc%5Etfw\">@WonderFi<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ImmutableHold?ref_src=twsrc%5Etfw\">@ImmutableHold<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BenSamaroo?ref_src=twsrc%5Etfw\">@BenSamaroo<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/jordanfried?ref_src=twsrc%5Etfw\">@jordanfried<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/Afhz59Fljv\">https:\/\/t.co\/Afhz59Fljv<\/a><\/p>\n<p>\u2014 Kevin O&#8217;Leary aka Mr. Wonderful (@kevinolearytv) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/kevinolearytv\/status\/1444342611322589192?ref_src=twsrc%5Etfw\">October 2, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>It <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ears that O\u2019Leary\u2019s crypto portfolio allocation is around the 6% mark, as he stated that he plans to reach 7% by year\u2019s end, with investments divided amongst digital assets and blockchain companies:<\/p>\n<blockquote><p>\u201cI&#8217;m now going to be at 7% percent hopefully by year-end, so I\u2019m a believer in it. I&#8217;m an investor in it. I put many bets out with different companies now they&#8217;re developing products in these areas and I&#8217;m pretty comfortable with where I sit.\u201d<\/p><\/blockquote>\n<p>\u201cSo I&#8217;m happy to listen to anybody. But I&#8217;m sorry, I don&#8217;t agree with the answer is \u2018you have zero exposure to crypto,\u2019\u201d he added. <\/p>\n<p>Speaking on the investment opportunities in the crypto sector, O\u2019Leary also stated that is no longer just \u201cbetting on the price of Bitcoin anymore\u201d as he emphasized the potential of the broader ecosystem. <\/p>\n<p>\u201cThere&#8217;s so many other ways to invest, particularly in blockchain opportunities. Solana, Ethereum, you know, I mean, there&#8217;s so many different layer ones. And then of course, layer two is the derivatives that are put on top of the Ethereum, Solana and all the others,\u201d he said. <\/p>\n<p>Questioned on the possibility of the U.S. government banning Bitcoin and crypto in the future, the 67-year-old said that he doesn\u2019t \u201csee a situation where cryptos are going away,\u201d as he thinks the government doesn\u2019t want to fall behind in payments tech innovation: <\/p>\n<blockquote><p>\u201cThe productivity enhancements that are available through cryptocurrencies and the entire infrastructure of decentralized finance are far too interesting for even governments.\u201d<\/p><\/blockquote>\n<p>\u201cI don&#8217;t think the U.S. government wants to fall behind in the development of new payment systems and services online,\u201d he added.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Gensler confirms SEC won&#8217;t ban crypto &#8230; but Congress could<\/em><\/strong><\/p>\n<p>Mr. Wonderful\u2019s presence in crypto has been growing in 2021, and his latest comments provide a stark contrast to his description of Bitcoin (BTC) as a \u201cgiant nothing burger\u201d in January. <\/p>\n<p>Cointelegraph reported in August that O\u2019Leary signed a multi-year deal to serve as a brand ambassador and spokesperson for the FTX crypto exchange. As part of the deal, the entrepreneur also elected to be paid in crypto assets in exchange for his promotional services. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/mr-wonderful-s-crypto-allocation-is-now-larger-than-his-gold-holdings\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Mr.Wonderful\u2019s crypto allocation is now larger than his gold holdings &#8221; Entrepreneur and Shark Tank star Kevin O\u2019Leary, also known as Mr. Wonderful. has revealed he now holds more crypto than gold. During an interview hosted by Daniela Cambone from Stansberry Research, O\u2019Leary stated that his investment portfolio has a larger exposure to crypto&#8230;<\/p>\n","protected":false},"author":1,"featured_media":348936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvMjUzMTJlNjktNDdlNy00MGE3LThkNTctNTQ1NGQyNjdiZDhiLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74858,92498,117,71835,73711],"class_list":["post-348935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-regulation","tag-solana","tag-business","tag-gold","tag-investments"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/348935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=348935"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/348935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/348936"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=348935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=348935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=348935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}