The two-bedroom luxury condominium owned by Ronen Segev, valued at $1.8 million, is located at 340 West 57th Street in Columbus Circle, New York.
- “I know the market’s crashing, but I believe in cryptocurrency,” said Ronen Segev.
Additionally, they are the lowest values for cryptocurrencies in years during a down market. Ronen Segev firmly believes in the expansion of cryptocurrencies.
For a long time, Ronen Segev has been investing in cryptocurrencies. After making an investment in Grayscale Bitcoin Trust Corp. in 2020, the value of his crypto assets has currently decreased by around $1 million. And by doing this, he hopes to offset the decrease in cryptocurrencies and even double his money.
- “The losses there are almost a million dollars,” he said. “So now my goal is to double down on that loss.”
He’s not simply a dreamer, either. He has prior knowledge of making profitable bitcoin investments. Ronen therefore traded a pricey piano for bitcoin and etherium in 2019. additional etherium and bitcoins were purchased using cash. He received a total of $1 million in cryptocurrencies. The price of cryptocurrencies increased significantly during the pandemic, and he sold it for $2 million. He used this money to purchase an apartment in the heart of Paris, which is presently valued at $3 million.
Ronen Segev increased a $1 million investment to $3 million over the course of a few years by using institutional and progressive investing strategies.
We can only hope that the price of Bitcoin and Ether increases significantly and that the concept of selling a flat for cryptocurrencies is a good one.
