Anthony Scaramucci: "It's not too late to buy Bitcoin"
Anthony Scaramucci, founder of Skybridge Capital, told why traders and investors should not refuse to buy bitcoin, even if its rate is above $50,000.
At the beginning of the week, the rate of the first cryptocurrency exceeded $50,000, after which many traders wondered if they had missed the opportunity to buy bitcoin. Anthony Scaramucci believes that bitcoin is still a profitable purchase. According to him, an amazing bull rally is coming.
The founder of Skybridge Capital named three key factors that should contribute to the growth of the bitcoin exchange rate. First of all, it may be a reduction in the key interest rate in the United States, which will increase the attractiveness of bitcoin and other cryptocurrencies for investors.
Another reason is the growing demand for bitcoin—linked spot exchange-traded funds (ETFs), which attract billions of dollars in cash flows. The third prerequisite for growth is the upcoming halving of the reward for miners, which is scheduled for April.
Scaramucci is confident that the increase in the number of addresses on the Bitcoin network and the rapid growth in the popularity of BTC around the world is also a powerful catalyst for growth. Earlier, the head of Skybridge Capital said that the most effective strategy for investing in bitcoin is "buy and hold", that is, long—term investments.
Source: https://bits.media/entoni-skaramuchchi-eshche-ne-pozdno-pokupat-bitkoin/
