Skybridge Capital Founder: Investors Should Firmly Hold Bitcoin
SkyBridge Capital founder Anthony Scaramucci gave some advice on Bitcoin investment at the Bitcoin Investor Day conference last Friday. Scaramucci said that when holding Bitcoin, you should act as if you're dead and not sell it. Don't do anything to it. In an interview with Yahoo Finance Live, Scaramucci reiterated the huge demand for Bitcoin driven by spot Bitcoin ETFs. He stated that institutions feel secure because they can purchase SEC-approved ETFs. Moreover, a halving event is imminent. If demand increases rapidly, prices will surge significantly.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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