Crypto Insider ensures the time is right to buy Bitcoins (BTC)

Bogart: the bottom might not be in, but buying Bitcoin now is not absurd

Just days after Bitcoin (BTC) embarked on a disproportionate wave, the mainstream media have been trying to cover the subject for fear of missing out. Bloomberg, recently criticized for its cryptographic reports, recently called on Blockchain Capital partner Spencer Bogart to take part in this latest rally. Like his previous appearances on television, Bogart touted optimism, noting that the cryptocurrency space is as powerful as ever.

During the recent issue, the investor, become de facto the face of his business, said that even if he does not know where and when the cryptography market will be at a low point, he remains now the perfect time to accumulate long-term bitcoins. . Bogart noted that from a fundamental point of view, in retaining prices, this industry remains strong. He stated:

"Entrepreneurial activity has not really gone down. We see more and more companies coming every day and better quality products [projects] as well. Behind the scenes, when one thinks of the macroeconomic environment, rising debt levels, the money earned, the tension between nationalism and globalism and jurisdictional competition, it is clearly established that bitcoin is the most attractive badet of the world at the present time. "

He added that every day BTC stays alive, it becomes less scary and unknown, more reliable and more proven. Other catalysts for the flagship cryptocurrency mentioned by Bogart include institutional involvement, "valuing Bitcoin as a non-sovereign digital badet with absolute scarcity", and BTC's demand for it. as a form of programmable currency.

Crypto commentators

Bogart's recent comments come after Josh Rager, a prominent crypto investor and TokenBacon and Blackwave advisor, claimed that after 2019, few people among the "general population" could afford a complete bitcoin. Thus, he added that by 2021, most of the joint ventures, Joes & Jills, could only afford fractions of BTC, rather than an entire room.

Rager is not the only commentator in the industry to say this is the perfect time to buy Bitcoin. According to previous reports from Ethereum World News, Zhao Dong, who would be one of China's most influential landmarks in the field of Bitcoins, told WeChat that it made sense for him to be one of the world's most important people. supply cryptocurrency while the consumer population does not have a FOMO.

Murad Mahmudov, respected industry badyst, also said that in the coming months, it would be wise to accumulate it. According to a storm on Twitter from the trader, partner at Adaptive Capital, $ 1,800 to $ 2,500 could be an optimal accumulation area for BTC, especially since he thinks this bear market will last longer. several more months.

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