Congressman Barry Moore talks about investing in DOGE, ETH and ADA – Bits Media

US Congressman from Alabama Barry Moore (Barry Moore) submitted a report on the purchase of cryptocurrencies to the House of Representatives. Moore has invested in DOGE in recent months, ETH and ADA.

Interesting, what is in your declaration
congressman misspelled the word "Etherium". According to the document, Barry Moore bought ETH 5 May, then 10, 11 and 13 May bought Cardano, but 13 June invested in Dogecoin. The exact number of coins or the amount of purchases is unknown, but all attachments fall under the category "from $1 000 to $15 000». I.e, he could buy cryptocurrencies in the amount of $5 000 up to $ 75,000.

It is worth noting, that the presence in the portfolio of the Cardano cryptocurrency congressman is likely to indicate, that he used the services of cryptocurrency exchanges - there is no ADA support in popular trading platforms with access to cryptocurrencies, like PayPal or Robinhood.

Seems to be, Barry Moore's portfolio is currently in the "red zone" - the prices of the assets he bought have declined since the date of purchase. So, ADA traded between $1.65 to $1.9, and at the time of publication, the coin is trading at $1.41. Dogecoin is down from $0.31 to $0.23.

A similar situation with ETH - the rate dropped from $ 3,000 to $ 2,300. truth, in this case the congressman could make a profit, if I sold coins on time - 13 May the ether rate reached $ 4 300.

Perhaps Barry Moore also owns other cryptocurrencies - he recently took office and should not disclose assets yet, owned before being elected congressman. Only those investments are subject to disclosure, which he did after taking office.

Recently Senator Cynthia Lammis from Wyoming (Cynthia Lummis) told, that stores bitcoins to secure future retirement and encouraged fellow citizens to follow her example.