 Jordan Belfort Says Bitcoin Is More Valuable In Long Term

Wolf of Wall Street Jordan Belfort believes bitcoin is a long-term hedge.

Known for making billions of dollars in stocks, Jordan Belfort, warned against taking a "12-month or 24-month horizon" when investing in bitcoin.

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In an interview with The Crypto Mile, Belfort advised investors to see bitcoin as a long-term hedge against inflation.

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The subject of Martin Scorecese’s The Wolf of Wall Street thinks if you are lucky you are likely to make money from bitcoin if you take a 24-month horizon.

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"If you take a three or maybe five-year horizon, I would be shocked if you didn't make money,” recently turned Crypto Guru added.

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Jordan Blefort said that underlying fundamentals of bitcoin are really strong.

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Belfort thinks as inflation keeps rising there will come a time when bitcoin will start to trade more like a store of value and less like a growth stock.

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Currently, bitcoin is trading below $20,000 as the entire crypto market continues to struggle.

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