08.12.2024
Mirjan Hipolito
Cryptocurrency and stock expert
08.12.2024

Why Bitcoin basic proposition still holds strong

Why Bitcoin basic proposition still holds strong @novogratz: Bitcoin's fundamental investment case

In a recent tweet, prominent investment expert Mike Novogratz highlighted the fundamental investment thesis of Bitcoin.

He compared Bitcoin to a stock trading scenario: buy at 10, set a stop loss at 7, and aim for targets of 20 and then 50. Novogratz urged followers to put aside the excitement surrounding the crypto market and zoom out to see the β€œbasic proposition” that Bitcoin offers. His analogy underscores Bitcoin's potential for growth and the importance of a long-term perspective in crypto investments.

In the previous news, Mike Novogratz talked about the challenges and opportunities in the rapidly evolving cryptocurrency landscape.

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