Not making a good start to 2022 cryptocurrency units have not been able to break out of the downtrend since November.
With the recent decline in the crypto market bitcoin From $ 38,250 levels, Ethereum It continues to trade at $2,640.
Anthony Scaramucci, the founder of SkyBridge Capital, gave good news to investors who were very nervous about the decline in cryptocurrencies and remained inside.
In an interview with CNBC cryptocurrency Indicating that investors should set aside their short-term concerns, Scaramucci stated that investors should make long-term plans.
“Take a relaxation pill and sit back. Invest long-term in other cryptocurrencies such as Bitcoin, Algorand and Ethereum. These will benefit you in the long run.”
Don’t Think Short-Term When It Comes to Bitcoin!
When Scaramucci was asked about Bitcoin’s short-term price fluctuations and comments from some crypto analysts that crypto winter is coming, he said that when it comes to Bitcoin, he believes it’s time to focus on the big picture rather than talk about its current value.
“Bitcoin is, to me, an emerging technology that will eventually become a store of value as more and more people join the network.
In this context, when there are more than one billion Bitcoin wallets in 2025, the value of Bitcoin will multiply, but the dollar will still remain in dollars.”
A longtime Bitcoin supporter, Scaramucci advises his clients to invest in cryptocurrencies as well. But he warns them to be careful with their investments and avoid over-excitement.
“I don’t want my customers to miss the crypto trend. I recommend investing 1-3% of their portfolio without fear of losing the opportunity.”
Bitcoin investigator Scaramucci recently revealed that he has invested $250 million in Algorand, which he thinks will be the “Google” of crypto.
*Not investment advice.