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Why Shark Tank’s Kevin O’Leary Thinks The Current Crypto Correction Is A Good Thing
The celebrity investor is not sweating the recent falling prices in the cryptocurrency market
Inflation is here and very real, rearing its ugly head like a Hollywood monster every time a monthly report is unveiled. It’s never fun to see the value of your hard-earned money literally losing value before your eyes, which has been happening recently with regularity in all markets, including cryptocurrency. However, millionaire investor Kevin O’Leary of tv’s Shark Tank fame believes that while the current pain is very real, in the long run the correction the crypto market is undergoing is positive.
The Canadian O’Leary was a co-founder of the tech company Softkey Software Products, which manufactured computer software focusing on family education and entertainment. Purchased by Mattel in 1999, the money made from his company’s sale made him a millionaire many times over, and allowed him to transition to a new career focused in investing, writing and television — including his best known role as a lead investor on the start-up television show Shark Tank. Estimates indicate that the 67-year-old is worth in excess of $400 million. He has also been increasingly vocal about his cryptocurrency holdings and is especially bullish…
