According to Mike Novogratz’s Galaxy Digital Firm, Now is the Time to invest in Bitcoin
By Tyler Smith – Cryptocurrency Expert
The UK-based multinational business newspaper, the Financial Times (UK) released a full-page article on Thursday 13th August 2020, telling readers that “now is the time” to start Bitcoin investing. The advertisement came from Digital Galaxy, a crypto-focused firm founded by Bitcoin spokesman and believer, Michael Novogratz.
Galaxy Digital delivers cryptocurrency financial services, having raised $700 USD of today and currently trading on the TSX Market. They are based in New York City but have headquarters in parts of Europe, Asia and the US.
The published advertisement also received attention from other Bitcoin bull’s in the space, including the current CEO of the cryptocurrency organization Grayscale Investments, Barry Silbert. He tweeted his promotion for the ad, drawing more readers to the content highlighting that he himself ‘loves it.’ The consensus from both of these individuals is that cryptocurrency trading is only on the rise. As more enter the crypto space, many suggest now is the time to buy Bitcoin before the markets gain more users, higher transaction costs and more importantly, a larger price tag.
Moreover, three days prior to Galaxy Digital’s piece, Grayscale published their own televised commercial putting the spotlight on the future technological and economic opportunities that come with digital currencies.
On the same day, Peter Schiff offered his opinion tweeting in response to the TV ad and criticizing the advert model as he remains bullish on the Bitcoin market.