Anthony Scaramucci Buys the Bitcoin Dip; Advise People To Do The Same
The SkyBridge Capital Founder says He’s “All In.”
SkyBridge Capital’s Anthony Scaramucci is all for the dips that are coming the cryptocurrency market’s way.
As we reported, after hitting the $42k ATH on Friday, the weekend saw people taking off profits, which continued on Monday that had Bitcoin going down to $30,000. In tandem with BTC, Ethereum and other altcoins also had a big correction, the largest one not seen since March 2020.
Amidst this dip, while Scoot Minerd of Guggenheim advised people to take money off the table ahead of getting the SEC's regulatory approval for their own BTC investment in Grayscale, Scaramucci urged people to buy the dips.
“If you had FOMO on the ride to $41k, this is a great dip buying opportunity IMO. The institutions are coming,” tweeted Scaramucci.
He further said that they are hosting another interactive launch call for the SkyBridge Bitcoin Fund this week. The Fund was launched last week, and in its Bitcoin investment deck, the company had tons of bullishness to share about the world’s largest cryptocurrency.
Scaramucci didn’t just preach, but he himself bought the dip as well.
“I am all in Michael. Especially on this dip,” he responded to MicroStrategy CEO Michael Saylor, a strong Bitcoin proponent who said he is looking forward to meeting up with Scaramucci and “tell him to sell his gold, mortgage his house, and buy more Bitcoin.”
Already, Bitcoin is up about 18% from the latest pullback.