Author: Justin Sun, the founder and CEO of TRON blockchain, told CNN’s Julia Chatterley during a new interview that he is a long term believer in cryptocurrencies. He said he is very bullish on Bitcoin and also holds significant investments in other digital assets, including Ethereum (ETH) and Ripple (XRP).
Justin Sun Doesn’t Hold Fiats
While many would easily think that Justin Sun is only interested in TRX, the native token of the TRON network, he revealed that he has been holding a diversified portfolio for many years. The young CEO said he had converted all of his assets to digital currencies since 2013, and only exchange his crypto to fiat whenever he needs to spend money in his daily life.
When asked about some of the other crypto investments he has, Sun mentioned that he owns “a lot” of XRP, ETH, and other cryptocurrencies because he believes in the crypto industry.
“I’m a long term believer of the crypto, so I want all the crypto assets to succeed. That’s why I own a lot of other different cryptos as well,” he said enthusiastically.
His interest and investment in other digital currencies, especially ETH, is commendable considering that both he and Vitalik Buterin, Ethereum’s co-founder are fond of openly bashing each other’s projects. Sometime last year, Justin Sun mocked Ethereum’s poor performance, saying that the crypto community is not impressed.
It’s also worth noting that Sun didn’t choose to reveal whether or not he owns Binance Coin (BNB). This is curious, given the fact that he has been praising Changpeng Zhao and his work notably.
Bitcoin Will Surpass $100k by 2025
No interview with a cryptocurrency influencer will be complete without asking them their opinion on market prices. Chatterley asked Sun to share his views on what he thinks would be the price of Bitcoin in the long run. Giving his prediction, the CEO said he is quite sure that BTC will surpass $100,000 by the end of the next four years.
“I definitely believe Bitcoin will pass $100k in 2025. I believe maybe we can even achieve this price before 2025,” he predicted while adding that a lot of other major cryptocurrency projects like TRON, Ethereum, and XRP will enter into a bull market as well.
Warren Buffett is Open to New Technology
Justin Sun, during his long-awaited cryptocurrency meeting with American billionaire investor, Warren Buffett, was able to make Warren see the potentials of the blockchain technology. However, the business mogul still holds his stance that Bitcoin has no value, even though Sun gifted him some BTC and TRX.
The 29-year-old CEO further revealed that Buffett advised him to be cautious with investments if he wants to survive in the capital markets for over 60 years.
Click here to start trading on BitMEX and receive 10% discount on fees for 6 months.