Ronen Segev Sells $2 Million Apartment For Bitcoins: “I Believe In Cryptocurrency”

The two-bedroom, $1.8 million luxury condominium owned by Ronen Segev is for sale in exchange for bitcoins or ethereum 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.

Longtime cryptocurrency investor Ronen Segev is active in the market

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.”

And at the lowest prices for cryptocurrencies in a number of years, during a bear market. Ronen Segev firmly supports the development of cryptocurrencies.

For a long time, Ronen Segev has been investing in cryptocurrencies. His investment in Grayscale Bitcoin Trust Corp. in 2020 has decreased the value of his crypto holdings by around $1 million as of right now. And he hopes to even double his earnings in the process by averaging out the fall in cryptocurrency prices.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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