Winklevoss Brothers Share Sage Wisdom: It’s Better To Invest In Bitcoin Than Stand As A Spectator
The co-founder of Gemini Exchange Cameron Winklevoss has made his stance open on Bitcoin investment. According to Cameron, crypto and Bitcoin is the future for monetary transactions. As such, anyone who is standing by instead of joining the game is not wise.
The Money of Tomorrow Is Cryptocurrencies.
Cameron Winklevoss as we know is popular amongst bitcoin investors. Apart from being a prominent investor, he is also a cryptocurrency commentator. According to him, anyone who ignores what is happening in the crypto space is making a mistake. He condemns the actions of people who believe that crypto investments are crazy. Also, he stated that it is crazier for one to sit and watch while others take action.
Let’s recall that the twins have been very popular in the cryptocurrency industry. In January 2019, the twins stated that Bitcoin would rise above the gold market capitalization of $7 trillion.
Is Cameron Winklevoss 100% Right?
We think that Cameroon is right. Maybe his experience and deep knowledge of the industry is why he made the comments. However, Mr. Kevin O’Leary, who we know as “Mr. Wonderful” thinks that crypto investors are crazy. Mr. Wonderful is a millionaire entrepreneur and also a TV personality who everyone knows. If you’ve watched this show “Shark Tank”, you should know Kevin O’Leary.
There was a saga yesterday on CNBC’s SquawkBox between Anthony Pompliano “Pomp” and O’Leary. These two men argued heatedly over bitcoin. According to Mr. Wonderful, Bitcoin is not good to belong to the asset class. He asked Pomp to explain the value in bitcoin since the community is calling it an asset. Kevin insisted that Bitcoin is a digital online game with no intrinsic value. Even if there is a short term value, there is no future value on the coin. He went further to say that the halving which the industry is planning is a complete scam.
Although Mr. Pompliano tried to explain the nature and value of Bitcoin, Mr. Wonderful held on to his opinion. He went ahead to deny the advantages of cryptocurrencies and even BTC.
The Current Bitcoin Bullish Trend is Running Very Fast
We got a report that the head analyst of Fundstrat Global Advisors Tom Lee discussed the recent Bitcoin situation. According to what he said, the top 10 days every year makes up for the gains for cryptocurrencies.
Lee went on to say that players in the community still have many reasons to be hopeful. He repeated that Bitcoin has shown that it is digital gold. The Winklevoss twins also said the same thing about Bitcoin.
Finally, Lee mentioned the Bitcoin halving, which everyone is expecting very soon. According to the rumors, this incident will likely take place before a year. Many people already in the industry have gone bullish about the upcoming event. They are wondering how it will affect the price of cryptocurrencies.