According to Weiss Crypto Ratings, the leading provider of independent, unbiased, trusted ratings of Stocks, Mutual Funds, Cryptocurrencies, ETFs, and Financial Institutions, Tim Draper, the founder of Draper University now holds a substantial fortune in Bitcoin (BTC), the first and largest cryptocurrency.
Tim Draper is a well-known Bitcoin maximalist, who predicted that 1 BTC would be $250,000 by 2022.
He has not retracted from his exorbitant Bitcoin price prediction, unlike John McAfee that recently played down his $1 million Bitcoin prediction by tagging it as a mere ruse to convince more suitors.
Weiss Ratings Shares about Tim Draper’s Bitcoin and Public Stock Investments
Weiss Crypto Ratings recently shared about the investment of the wealthy venture capitalist, Tim Draper, in one of its recent rating comments on the Micro-blogging platform Twitter.
The Crypto Rater mentioned that Tim Draper now has more of his assets in Bitcoin (BTC) after opting out of frothy public stocks. The rater concluded that he knows that the real opportunities reside in Bitcoin investment.
The Crypto Rater Shared, “Tim Draper now has “a lot” of his portfolio in Bitcoin after exiting “frothy” public stocks. Tim knows where the real opportunities are.”
— Weiss Crypto Ratings (@WeissCrypto) February 25, 2020
Tim Draper Holds to His Prediction of $250,000 for Bitcoin (BTC) By 2022
According to a recent report, the venture capitalist, Tim Draper has again stood by his prediction of $250,000 for Bitcoin (BTC) by 2022 or at the beginning of 2023.
He said, “I’m still holding to my prediction. I think Bitcoin Bitcoin in 2022 or at the beginning of 2023 will hit $250,000, and that is a big move from where it is here.”