{"id":34196,"date":"2020-12-30T12:08:40","date_gmt":"2020-12-30T10:08:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=34196"},"modified":"2025-08-28T17:33:58","modified_gmt":"2025-08-28T14:33:58","slug":"devere-group-ceo-sells-half-of-bitcoin-holdings-as-bitcoin-clears-24-500","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/devere-group-ceo-sells-half-of-bitcoin-holdings-as-bitcoin-clears-24-500\/","title":{"rendered":"DeVere Group CEO sells half of Bitcoin holdings as Bitcoin clears $24 500"},"content":{"rendered":"

The head of the consulting firm deVere Group, Nigel Green, liquidated half of his Bitcoin holdings on December 25, as the price of the first cryptocurrency rose past the $24 500 mark<\/a>. This was reported by Forbes<\/a>.<\/p>\n

<\/p>\n

Green attributed his decision to Bitcoin’s more-than-200% rise in 2020. He said that cryptocurrency should be treated like any other investment asset: buy on dips and sell at highs.<\/p>\n

\n

\u201cI thought it was time to lock in profits. There\u2019s no need to misinterpret my decision. It is not born of a lack of faith in Bitcoin or in the concept of digital currencies,\u201d Green said.<\/p>\n<\/blockquote>\n

He also noted institutional interest in the first cryptocurrency. Green expects that investors will pay attention to the digital asset amid well-founded inflation concerns.<\/p>\n

\n

\u201cMany traders, like me, view record prices as an opportunity to sell, so one can expect some near-term downside. But the long-term trajectory of Bitcoin, as I see it, is undoubtedly upwards,\u201d Green added.<\/p>\n<\/blockquote>\n

Earlier in November deVere Group polled 700 millionaires<\/a> and found that 511 of them already own or plan to add Bitcoin, Ethereum and XRP to their portfolios.<\/p>\n

Follow ForkLog news on VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

The head of the deVere Group, Nigel Green, liquidated half of his Bitcoin holdings on December 25, as the price of the first cryptocurrency rose past the $24 500 mark. This was reported by Forbes.<\/p>\n","protected":false},"author":1,"featured_media":34197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,2077],"class_list":["post-34196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-devere-group"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=34196"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34196\/revisions"}],"predecessor-version":[{"id":34198,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34196\/revisions\/34198"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/34197"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=34196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=34196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=34196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}