Famous stockbroker Jordan Belfort, who is the subject of The Wolf of Wall Street movie, said that it is unreasonable to deal with cryptocurrencies other than Bitcoin (BTC) and Ethereum (ETH) in a bear market.
“Wall Street Wolf” known as Jordan Belfort December 6 In a video he shared on his official Youtube channel on Bitcoin (BTC) and Ethereum (ETH) cryptocurrencies other than even with a three-metre pole won’t touch stated. In their opinion, it is the best investment tool in the current market conditions. indices and some mutual funds Belfort, who stated that there is a token investment in the bear market, also gave some give advice found.
Investor known to be skeptical of cryptocurrencies since the past, bitcoin and Ethereum cryptocurrencies other than has high risk also Bitcoin and Ethereum in portfolios increasingly small He argued that he should have a place.
famous stockbroker S&P500 index and receives very low management fees vanguard diverted funds. of mutual funds and index shares in portfolios the lion’s share He suggested that he should.
To sell an asset most bad of your time drop times Belfort stated that investors with token investments this investment Why? what they did He advised them to remember. Before the sale, Belford recommends that the investor remember what the reasons were that prompted him to buy the asset, and whether it is still valid suggested he question it.
On the other hand, the FTX collapse had an impact on the intrinsic value of Bitcoin and Ethereum. that you are not Underlining the famous stockbroker, he stated that the technology continues to progress, but investors should be careful. The cryptocurrency market collapsed in the early 2000s. “.com” Belfort, who likens it to a balloon, That Amazon and other right companies rose again after collapsing with that bubble and that they are the biggest companies in the world, but hundreds of companies that collapsed with that bubble that you can’t stand up again He said it should not be forgotten.