Galaxy Digital Founder Mike Novogratz on Bloomberg Wealth with David Rubenstein

As Bitcoin roars back after a year of crypto industry scandals and losses, Galaxy Digital Founder & CEO Mike Novogratz remains bullish. This episode of "Bloomberg Wealth with David Rubenstein" was recorded July 26th in New York.
#technology #bitcoin #crypto #business
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[@tahirisaid2693]

I realized that the secret to making a million is making better investment. I bought my 1st home at 21 for 87k sold for 197k, 2nd home 170k and sold for 320k, 3rd 300k and sold for 589k and buyers paid all closing costs expenses etc Not making up to a million before retirement is unfulfilled retirement.!!

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[@mariaaguilar7076]

Thank you for the video, I found out that investing is not for everybody, you just need a strong stomach too see your portfolio go down. It might be wiser for a novice to start with copy trading investing, but it is not easy. To invest in growth stocks it is another level, definitely you need to know what are you doing.

[@mariaaguilar7076]

This is a phenomenal advice for a new stock traders and investors who want that quick short term game, but don't see the light at the end of the tunnel.

[@katrinatyler675]

This is a phenomenal advice for a new stock traders and investors who want that quick short term game, but don't see the light at the end of the tunnel.

[@bobschriswell565]

I've been solely investing in real estate. But with the recent hyper home pricing i've liquidated a few things and have $45k in cash laying around idle. Would love to get your recommendations, I'm in search of something lucrative in the current crazy markets, i will be glad.

[@mariaaguilar7076]

My portfolio is very much diversified so it's not like i have a particular fund i invest in, plus i dont do that by myself. i follow the trades of Mrs Karen Gaye Gray.

[@mariaaguilar7076]

She is a popular broker you might have heard of. I can correctly say she's worth her salt as a financial advisor as her diversification skills are top notch, because i see that in her results as my portfolio grows by averages of 10 to 15% on a monthly basis, unlike i can say for my IRA which has just been trudging along, my portfolio just mirrors what she trades and not just on some particular industries of my choosing.

[@RileyMoore537]

i have been making losses trying to make profit trading crypto . I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?.

[@Melinda741]

trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade .

[@Melinda741]

i will advice you should stop trading on your own if you keep losing and start trading with Mrs Viola Patterson

[@markdavis-tr4kc]

wow i'm shocked you just mentioned and recommended Mrs Viola Patterson i thought i was the only one trading with her

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you dont need to be shocked because i'm also a huge beneficiary of Mrs Viola

[@Melinda741]

She earned my trust since September last year, when my colleague got paid USD 15500 after investing About 3000

[@bullishforgold8790]

Love your work David!

[@mrbuidl9332]

Enjoyed this one.

[@cortezcharles3605]

Incredible interview

[@kknopp1]

what about luna tattoo?

[@joostonline5146]

People.. if you have 100.000 BTC and the price its 30.000, you do not have 3.000.000.000 dollar, because you cannot sell it...there is no liquidity.

[@issenvan1050]

Timestamps?

[@1trife90]

First pair of ripped jeans on this series

[@islandcactus1508]

Thats when you know, the man's got fuck you money.

[@arigutman]

Keep these interviews coming, nothing like eating my lunch and enjoying these insights interview to interview!

[@LeonWilk2]

My honest advise to new investors ,buy and hold quality stocks. Ignore market forecasts and opinions, they're mostly entertaining but not very helpful.

[@PhilSommer2]

Achieving significant returns isn't about volatile stocks; it's about effectively balancing risk and reward. Proper position sizing and leveraging your advantage repeatedly are essential, whether you're a long-term investor or a day trader.

[@LeonWilk2]

Certainly, many underestimate advisors until emotions lead to losses. A few summers ago, during a tough divorce, I sought a licensed advisor who, through diligent work, boosted my business from $190k to around $720k despite inflation.

[@ChristianPecksteiner]

The living Luna tattoo has spoken.

[@effa2985]

Cant trust someone like that

[@issenvan1050]

How about crypto mining companies?

[@chrisj8764]

Actually Novogratz came across pretty well here.

[@tevtv3450]

Show your Luna tattoo please

[@issenvan1050]

No, Novogratz had predicted BTC to go up to $65k in the cycle when it had been at $15k (& he had bought 30k of them)! Now he says ‘it went higher than it should have.’ Which one, Mike? Decide! Are you a pump&dumper, too?

[@mikhelBrown]

Haha! Let me explain, Mike bought his first *30,000* Bitcoin in 2013. Because it was in the *2013 Bitcoin Bull Cycle* that Bitcoin broke *$100 per coin* for the first time, then went on to make a new all-time high price of about *$1,242 per Bitcoin* that same year, and then went through a massive correction in January 2014 and bottomed out around *$100 per coin in August 2014.* Note that *Bitcoin Bull Cycles happens approx every 4yrs, 6-8 months after a Bitcoin Halving.* The next Bitcoin halving is slated for April 2024 and Bitcoin is expected to turn Bullish 6-8 months after that. Mike made that *$65K Bitcoin prediction* in a CNBC Pro Article which was published on Wed, Nov. 18th, 2020 and that prediction was for the *2021 Bitcoin Bull Cycle which saw Bitcoin hit an all-time high of *$69,850 per coin.* So Mike's prediction was pretty accurate. 💯

[@issenvan1050]

How does Druckenmiller “believe in” BTC? He should watch Rubenstein’s John Paulson interview, btw.

[@user-nl5lu1dw5k]

Don't sell 2x but don't be greedy and want 10x. Or just go back in time and buy btc at 100$

[@SPR77]

👍🏾

[@BdmshCmpny-to5ow]

I don't understand one thing is that how on earth something is related to a technology and we do not know the founder of it yet.

[@davidthompson9663]

ask the CIA

[@Voltaire805]

Mike also has a tattoo of TERA LUNA ON HIS ARM. Let that sink in.

[@ratmondC]

Buy Bitcoin and make Mike Novogratz rich

[@tuannguyenable]

This guy also promoted Luna too

[@joshuavanderplaats]

So Mike wants us to believe. 1. We have Bank Secrecy Laws, Anti Money Laundry Laws, Know your customer Laws; and WE DONT KNOW WHO SATOSHI IS. And that is a good thing that we dont know who he is. Yes, Mike, Hubris. 2. If they want to KYC AND AML you, why would we not want to know who Satoshi is? There is bad logic here. Very very bad.

[@evelynramos445]

Leading for deviant behavior for gangsters mentally. That the reasoning behind with a new currency.

[@DeRothschild]

It's unbelievable that Novogratz is wearing torn jeans.

[@RAJohnson713]

Yeah he needs a stylist

[@FooledbyRandomness2]

He is a degenerate gambler and alcoholic.

[@issenvan1050]

Mashinskyy, SBF, Gensler, Yeller, Rubenstein… 🇮🇱

[@longdatedoptionsleaps6112]

100% INCORRECT value is not a “social construct”. Value is determined by 3 requirements: 1-scarcity 2-desirability 3-use. A Rembrandt is valuable$ because it’s scarce (he’s dead no more Rembrandts being painted) it’s desirable (collectors and museums compete for them at auction) it’s of no real use except the it’s brings happiness looking at it. Bitcoins has all 3 its desirable its scarce and it has use (ask anyone living in a country with a weak banking system with hyper inflation

[@BundaRully-bh8kq]

The army and people of Pakistan also started to prepare for it, but i did not want to wage a war because i know this war will be horrible and there were many Muslims living in India too and so i asked Allah to do something and asked Him to prevent this war. Imam Mahdi Muhammad Qasim Dreams

[@issenvan1050]

DeSantis 2024! 🇺🇸

[@muskduh]

indeed

[@issenvan1050]

& Saylor wanted to become a jet pilot, huh?!

[@Uchihawallstreet]

Pomp sent me here.

[@issenvan1050]

CBDC is un-American, too!

[@evelynramos445]

Misused and irregularated for now! Needing regular as a new source of equities.

[@joostonline5146]

7:44 another lie... drunckenmiller does NOT believe in crypto

[@anderbeau]

I would've never guessed he used to be so freakin' HOT! haha

[@mack-uv6gn]

He forgot to mention the cocaine use

[@leonmaxi732]

SNL

[@evelynramos445]

Its the gambling for whole takers gluttonous vs to supply those in need.

[@themowgli123]

He is a sociopath

[@muskduh]

basically

[@issenvan1050]

Yes, un-American! & yes, BTC is a religion!

[@sylviahu6849]

❤

[@kingo6063]

Look at all the fraud in the stock market come on man

[@davidthompson9663]

FDIC is also another fraud. All the people that had their money stuck in Silicon Valley Bank was covered for only $250000.00, what happen to the rest of the money? Gone, vanished into thin air!

[@mikedc]

Trump2024

[@69pepe420]

pepe coin

[@lisadejong2009]

"Bitcoin is worthless artificial gold"-Charlie Munger "It is a delusion."-Warren Buffett

[@xxyyzz8464]

Except Munger and Buffet don’t even understand Bitcoin and don’t know the difference between Bitcoin and “crypto”.

[@louistran016]

LOL why do you ask 100 yr old grandpas their opinions about internet money? a network engineer or software architect opinion is much more valuable

[@latorregolf]

​@@xxyyzz8464there don't understand email. But they sure understand getting billions in free bail outs for their businesses.

[@DeRothschild]

These two use letters to communicate with their staff instead of email. Anyone over the age of 60 wouldn't understand Bitcoin.

[@BristolBerg]

He is smart & lucky but he flames out consistently which makes his bullish take on crypto suspect at best. He flamed out at GS, his “hedge fund” failed in the 2007 crash and now he is in a highly volatile space like crypto. His clothing attire screams fraud in the making 😂. Idk

[@robobrio3580]

Yet he's a multi billionaire Mr breakfastchump 😮

[@BristolBerg]

@@robobrio3580 so was sam bankman-fried. You are a bottom feeder, you won’t understand.

[@janreichenbach265]

This guy gives me the creeps, I don't know why. Mike N. comes across as shady.

[@philherb0656]

This guy rubs me the wrong way

[@samuelirizarry69]

Mike is a con artist. Does no one remember his involvement with TerraLuna?