“Nobody will Get Rich Investing In Bitcoin Ever Again,” Crypto Analyst Sparks Debate

While some have continued to increase their investment in Bitcoin due to their belief the asset still has a long way to go in value, prominent crypto…

Highlights

• Alex Krüger said “nobody will get rich investing in Bitcoin ever again” Bitcoin is no longer an asset to buy as an investment as the asset has advanced away from that category and is now more of a store of value.
• Bitcoin is now for wealth preservation, attractive risk-adjusted returns, trading, and hedging against the fiat system.
• The analyst also said investors should focus more on bagging crypto assets that are more volatile than BTC.
• Over the past 24 hours, Bitcoin has hit a notable high and dipped nearly 5% since then.
• However, at the time of writing, the cryptocurrency seems to be gearing up for another rally, rising by 0.5%.

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