DCG CEO: The BTC invested back then would have yielded higher returns if held until now
ChainCatcher news, according to Cointelegraph, Digital Currency Group (DCG) CEO Barry Silber stated during his guest appearance on Raoul Pal's podcast "Journey Man" that he could have achieved higher investment returns if he had simply held onto the Bitcoin he purchased around 2012 when he invested in early crypto projects.
He claimed to have discovered Bitcoin in 2011, buying it at a price of $7-8 each. After the price of Bitcoin rose, Silber began looking for early crypto companies to invest in. Silber said, "I made a lot of investments with Bitcoin at that time; you might think that if you invested in Coinbase, you would make a fortune. But if I had just held onto Bitcoin, I would actually have made more than doing those investments."
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