Billionaire stockbroker: years-long gold and Bitcoin bull market begins
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Famous investor Michael Novogratz predicts that gold and Bitcoin will make serious gains in the coming period. Bitcoin maximalist Mike Novogratz stated that the long-term Bitcoin and gold bull market has started and both assets will make serious gains. Novogratz also said portfolios should include hedging assets from inflation risks. Novogratz said yesterday, “Real money is what grows on the tree. This is a secret. FED and Treasury are players of the same team. Get BTC. Get gold. " used the expressions. Novogratz, CEO of Galaxy Digital, stated that Bitcoin is more and more proving itself as a safe haven and BTC, which is at the beginning of the road, will be a lifetime opportunity for people. He called on gold and Bitcoin to escape inflation "Do you have gold? Explaining how Bitcoin proved itself in the coronavirus epidemic, Mike Novogratz called on people to invest in gold and Bitcoin to protect them from inflation risk. Novogratz, a hedge fund trader, says that he takes macroeconomic balances into consideration while making these words. Noting the importance of entering anti-inflation assets, Novogratz said that given the fact that the FED is driving a money whirlwind into the market, the world is now heading towards great uncertainty and everyone's economic knowledge is being questioned. So is Bitcoin entering a bull market right now? "Gold and Bitcoin ready for bull market," Novogratz said the bull market for gold and Bitcoin is ready to mature as the world economies shrink. Novogratz says that both BTC and gold should be in every investor's portfolio. Novogratz said, “Gold has proven itself as a value for centuries. However, it is difficult to store gold and the supply chain has its limits. Therefore, an alternative should be found. "Bitcoin also meets this criterion to the end," he said. Novogratz also explained why 10 percent of his portfolio is in Bitcoin. Your bitcoin is the same as gold
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