By Bitcoin.com - 1 sena ilu - Ħin tal-Qari: 3 minuti
‘Wolf of Wall Street’ Jordan Belfort Expects Bitcoin and Ethereum to Be ‘Substantially Higher’ Despite FTX Collapse
Jordan Belfort, aka the Wolf of Wall Street, expects bitcoin and ethereum to be “a lot higher” than they are now. Noting that the collapsed crypto exchange FTX is a scam, he stressed that its implosion “doesn’t mean that you can disregard bitcoin completely and say it’s worthless or going to zero.”
Il-Lupu ta’ Wall Street Jsejjaħ lil FTX bħala Scam
Jordan Belfort, a former stockbroker whose memoir was adapted into a film called “The Wolf of Wall Street,” shared some recommendations about bitcoin and ethereum in a video posted on his Youtube channel Monday. The film was directed by Martin Scorsese and starred Leonardo DiCaprio.
Belfort waqqaf Stratton Oakmont li ħadmet bħala boiler room li kkummerċjalizza penny stocks u ffroda lill-investituri b'bejgħ ta' stokks pump-and-dump. Huwa sar kelliem motivazzjonali wara li wieġeb ħati ta’ frodi fl-1999 u mar il-ħabs għal 22 xahar.
Rigward FTX, l-iskambju kripto li imploda u ppreżentat falliment fil-11 ta 'Novembru, il-Wolf of Wall Street iddeskriva: "FTX kienet scam u m'hemm l-ebda mod kif tipproteġi kontra scam bħal dik." Żied jgħid:
But just because FTX itself was a scam, that doesn’t mean that you can disregard bitcoin completely and say it’s worthless or going to zero. The same thing goes for ethereum.
Belfort Recommends Holding Bitcoin u Ethereum
Belfort believes that the price of bitcoin and ether will increase substantially despite recent crypto market sell-offs and the FTX fallout. However, he is skeptical about other coins, noting that besides the two largest cryptocurrencies, he “literally would not be touching crypto right now with a 10-foot pole.”
Għal dawk li diġà għandhom tokens kripto oħra, huwa jirrakkomanda li "jmur pass pass iħares lejn kull munita" biex jiddeċiedi jekk għandhomx jinbiegħu u meta jista 'jkun żmien tajjeb biex jinbiegħu. "Dan irid ikun ibbażat fuq dak li xtrajt u dak li taħseb li jiswa bħalissa," qal.
L-investituri għandhom jeżaminaw il-prinċipji fundamentali ta 'kull token u jistaqsu lilhom infushom għaliex xtraw il-munita fl-ewwel lok, parir Belfort. "Kien hemm xi ħaġa wara x-xiri tiegħek, kont qed tistenna li toħroġ aħbar tajba, taħseb li l-kumpanija fil-fatt kienet qed tagħmel xi ħaġa u se jkollna xi teknoloġija innovattiva?" staqsa.
However, if investors bought crypto because of “the greater fool theory, meaning that you thought … someone even more foolish than you would come along and buy the coin from you at a higher price,” Belfort suggested: “Anything outside of bitcoin and ethereum, I would take a petty close look at it and consider maybe selling it.” Referencing the dot-com bubble where 99% of the deals crashed and never came back, he explained:
Agħmel xi analiżi, agħmel xi riċerka... Hemm xi problema li din il-munita jew it-token qed issolvi jew qed nixtru f'kull hype u bit-tama li tkompli tmur għax jekk dan hu l-każ onestament taf li l-biċċa l-kbira tal-possibilitajiet huma dawn l-affarijiet mhux se jerġgħu lura qatt.
Belfort also revealed that he is planning to buy more bitcoin and ether. While cautioning that the two cryptocurrencies could fall further in the short term, he opined:
I think it’s a pretty good bet that right now, down here, if you buy bitcoin or ethereum, chances are [they] will be substantially higher in five to 10 years — actually a lot higher, I believe.
“If you are buying bitcoin or ethereum, it should represent a very small portion of your overall investment portfolio,” Belfort advised, noting that he would limit crypto investments to “under 10%” of his overall holdings. “That’s the money that you can essentially speculate with. You can afford to lose it.”
What do you think about the recommendations regarding bitcoin and ethereum by Jordan Belfort? Let us know in the comments section below.
Sors oriġinali: Bitcoin. Bil