In an interview with CNBC last week cryptocurrency Stating that investors should not be affected by the latest decline in the market, Anthony Scaramucci repeated his rhetoric about cryptocurrencies in an interview with Kıtco News yesterday.
bitcoin and cryptocurrency Pointing out that units are the right investment tool in the long term, SkyBridge Capital’s Founder Scaramucci said that investors should not be affected by the latest decline in the market and sell their cryptocurrencies.
famous American executive bitcoin He stated that the high volatility seen in cryptocurrencies and cryptocurrencies is a part of the long-term price rise, and in this context, he believes that cryptocurrencies will make their investors happy in the coming years.
Bitcoin Will Overtake Gold!
Noting that it took years for gold to reach its current market value, Scaramucci said that he expects Bitcoin to reach $ 500,000 within 5 years.
“I think 10 years from now, Bitcoin will have a larger market cap than gold. Because it took 5,000 years for gold to reach its current market value. But Bitcoin will do so in less than 25 years from its launch.
Bitcoin will eventually rise to a point where the market cap of Bitcoin will exceed that of gold.
According to my Bitcoin predictions, in four to five years BTC will reach half a million. Maybe Bitcoin’s journey to rise will be tough, but it will definitely be worth it.”
Scaramucci, former White House Director of Communications, recently stated that he thinks Bitcoin is getting stronger and will continue to break new records despite China’s bans.
*Not investment advice.