Jordan Belfort Reveals Why He Changed His Mind About Bitcoin

Wolf of Wall Street Jordan Belfort reveals why he took a U-turn on bitcoin.

In an interview with Yahoo Finance, the original wolf of wall street Jordan Belfort said that he was wrong about saying bitcoin will go to zero.

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Though, Belfort clarified that he still maintains the same stance on most of the things he said about crypto in 2016.

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Jordan Belfort said that gaining more knowledge about the industry and seeing what is working and why more people were adopting crypto.

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The financial guru has gone from dismissing crypto to give expert advice on how to invest in crypto.

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Belfort also compared low cap altcoins with penny stocks.

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The subject of Martin Scorcese’s Wolf of Wall Street was convicted of several fraud cases in connection with stock-market manipulation and spent 22 months in federal prison.

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Belfort thinks regulations are must for cryptocurrencies moving forward.

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