Pantera Capital Made 10,000 Percent Profit from Cryptocurrencies

Cryptocurrency investment firm Pantera Capital shared what it has been doing in the 5 years since its establishment with an advertisement it prepared.. In the report shared via e-mail, the CEO of the company, Dan Morehead, announced that they made a total profit of 10,000% from their cryptocurrency investments in a five-year period.

In 2013. The company, which was founded, is still on the agenda with its positive comments on Bitcoin.. Reminding an e-mail sent by CEO Dan Morehead in 2013, the company foresaw the rate of profit they had achieved for 5 years.

The content of the email in 2013 was as follows:

Bitcoin (e -The day the mail was sent, it was at the level of $ 104) will see the levels of 5 thousand dollars. Because BTC replaces both electronic money and fiat money.. It is also very useful for other economical products.. We’re talking about a product that does everything that fiat money can do.. Bitcoin, the first global currency invented after gold. The only product in the world that can be transferred without any limits.”

About three months after this e-mail, Bitcoin price increased to $253. In other words, 143% more than the price on the date of the mail.. Morehead sent another e-mail at that time, using the following expressions:

I think investing in Bitcoin right now is equivalent to deciding to buy a stock from Microsoft when the stock is worth $0.20. My words may not make sense since the price is low at these levels, but believe me, Bitcoin will do very well.. I trust Bitcoin very much, it is the only product in the world that can be transferred without any obstacles.. Currently, there is a market cap of 3 billion dollars, investors are slowly starting to enter the market.”

Pantera, the future of Blockchain and cryptocurrency sectors He has recently attracted attention with his work for. It organizes various events and meetings all over the world on this subject.