Although we have been facing a doom and gloom scenario for months in the crypto markets, the situation is not that negative for some. Investor and advisor, Oliver Isaacs has risen from behind the scenes to become one of the top blockchain investors, influencers and strategists in the space. He was an early investor in Ethereum, Bitcoin Cash, and Monero and is now none of the foremost authorities on blockchain investing. With a total social media following of around 1m followers across his channels, Isaacs’ company has worked closely with a number of well-known blockchain companies and exchanges, such as OKex, KuCoin, Coinsquare and Dragon. The total amount raised by companies Oliver has worked with has exceeded an impressive $400 million.
Having invested in coins such as Bitcoin, Ethereum and Monero when they were only single digit coins means he has seen returns in excess of 10,000%. According to his Twitter, Twitter.com/Oliverzok and Instagram channels, Isaacs continues to actively trade volatility in the crypto markets and is known to spot significant arbitrage opportunities in the markets. Isaacs has also been featured as giving business and investing advice in the Instagram and Facebook Stories of high-profile entrepreneurs such as Tony Robbins, Mark Cuban, and Tim Ferris.
Isaacs’s tech and blockchain advisory business has boomed in the last couple of years and he maintains close relationships with his solid investor base such as those he has worked closely with and advised—including Pantera Digital Asset Fund, Polychain, and Fenbushi who manage a total combined capital fund of over $500 million.
Isaacs believes that although cryptocurrencies are currently in a bear market, there are plenty of reasons for long term optimism. ‘"Short term volatility is great if you’re speculating or looking for arbitrage’" Isaacs notes, "but what really matters to HODLers and serious investors is the long-term trend in the value of popular cryptocurrencies like Bitcoin and Ethereum’" for example, Bitcoin went from less than $1,000 per coin to nearly $20,000 or approximately a 2000% increase in about 1 year. However, it is now trading at less than 25% of that all-time high at around $3600 at present.
He is quite convinced that there are plenty of reasons for Bitcoin to increase to astronomical levels in the future. "Despite the bear market conditions, digital assets are here to stay". Last year, major investors such as Tim Draper, Fundstrat’s Tom Lee and Anthony Pompliano made predictions as to where they see Bitcoin’s price long-term. As for Isaacs, he predicts that the crypto rally will continue long-term and the price of Bitcoin could trade as high as $100,000 by 2023.
Gerald Fenech Contributor