The Time Is Right To Invest In Bitcoin And Ethereum

The former head of crypto at Ark Invest and current partner at Place Holder, Chris Burniske, thinks that US pressure on cryptocurrency will backfire. In a recent TV interview with The Exchange, Burniske said that the time is right to acquire Bitcoin and Ethereum. He claimed that since the beginning, individuals have made fun of and mocked the cryptocurrency industry. Burniske brought up the current economic unrest and claimed that Bitcoin was designed for situations just like this.

‍

Yet, Mike McGlone and Robert Kiyosaki, two more financial experts, also give their opinions on cryptocurrencies in the midst of the present global crisis with banks crumbling.

‍

The banking crisis is a stimulus for the bull run in cryptocurrencies, according to Mike McGlone, a senior commodities strategist at Bloomberg Intelligence, who previously said as much in another interview. According to McGlone, the 2008–2009 financial crisis gave rise to Bitcoin.

‍

According to McGlone, Bitcoin had performed admirably, rising beyond the $25,000 obstacle. He emphasized how, though still in a higher beta level, Bitcoin is starting to resemble both gold and US Treasury Bonds.

‍

The author of Rich Dad, Poor Dad, Robert Kiyosaki, discussed why he purchased so much bitcoin when it was just $6,000 in a VladTV interview. He also discussed Bitcoin and cryptocurrencies, calling Warren Buffett a "idiot" for his views on them. Bitcoin and Ethereum are excellent buys, according to Kiyosaki.

‍

To conserve money, Kiyosaki said he never uses dollars; instead, he purchases gold, silver, bitcoin, and ether. He added that although he doesn't really enjoy it, it has merit. These financial professionals advise that it is a good moment to invest in cryptocurrencies overall.

‍

It's Time to Purchase Bitcoin and Ethereum, Say Three Financial Professionals first appeared on Coin Edition.