Shark Tank Star Kevin O’Leary Stacking These Altcoins By the End of 2022

Kevin O’Leary talks about the future of digital assets this year in an insightful talk.

O’Leary, an investor known for his snarky remarks on Shark Tank, recently stated that he is changing the way he will invest his crypto holdings due to the ongoing bearish trend. 

Bullish On Bitcoin 

The investor discusses his plans for investing in cryptocurrencies as we near the end of the year in a recent conversation with Daniela Cambone of Stansberry Research.

Unexpectedly, the veteran who had been bullish on altcoins but bearish on Bitcoin has decided to liquidate his failing crypto holdings and put the majority of his proceeds, if not all of them, into Bitcoin (BTC).

To put it another way, I’m imitating many other traders. As November begins, I have over 34 unfilled positions, several of them underwater. I must inevitably turn to trade in order to offset the tax burden associated with my holdings because the Internal Revenue Service and other international organizations now treat cryptocurrencies as securities.

Since Bitcoin is what I consider to be the “granddaddy index” of all cryptocurrencies, I wish to engage in trading by selling some of the projects that have been reduced by 40%, 50%, 60%, 70%, 80%, and 90%.

The truth is that he is hoarding bitcoin org