When Bill Gates calls for shorting Bitcoin, how much can you earn if you buy $1,000?
In the tech world, Bill Gates' status is akin to a myth, but in the realm of Bitcoin, he may need to take a few more classes. In 2018, when this Microsoft founder declared, 'If I could short Bitcoin, I would definitely do it,' he probably didn't realize he inadvertently staged a classic case of reverse investment for the crypto world.
Bill Gates shorting, Bitcoin rebounding: the amazing logic of reverse operation
When Gates made this statement, the trading price of Bitcoin was only $9,373. Now, six years later, BTC has surpassed the $100,273 mark, an astonishing increase of 969.8%!
