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Wolf of Wall Street Jordan Belfort Addresses Bitcoin

It’s been just reported that Bitcoin’s popularity is growing bigger and bigger. Check out the latest reports about what the Wolf of Wall Street aka Jordan Belfort had to say about the king coin.

Bitcoin’s popularity is on the rise

It’s been recently revealed the fact that The original Wolf of Wall Street, Jordan Belfort, says Bitcoin (BTC) has performed beyond his expectations.

In a new interview on Yahoo Finance’s the Crypto Mile, the infamous stockbroker who inspired the movie The Wolf of Wall Street made sure to explain the fact that he’s not a fan of most cryptos.

“At the time that I really hated crypto, I stand by everything I said about crypto in 2017 except for one thing. I was wrong about Bitcoin going to zero.”

In 2018, Belfort said that there’s “no good reason” why digital assets should exist, other than as a scheme to make money, as the online publication the Daily Hodl revealed.

Now, it’s been reported that he believes that Bitcoin is a solid long-term play.

“I think the issue right now is you have to look at Bitcoin and not take a 12-month or 24-month horizon.”

He continued and said the following:

“With reasonable luck, I think if you take a 24-month horizon, you’ll almost certainly make money, maybe not, but I think if you take a three-, four-, five-year horizon, I would be shocked if you didn’t make money because the underlying fundamentals, I believe, are really strong.”

We suggest that you check out the complete original article in order to learn what more he had to say.

Regarding the price of Bitcoin today, at the moment of writing this article, BTC is trading in the green, and the king coin is priced at $21,440.

Stay tuned for more news, and make sure to keep your eyes on the market.

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