Bitcoin (BTC)-Best, Gold-Worst, Says Billionaire Leon Cooperman

Bitcoin (BTC)-Best, Gold-Worst, Says Billionaire Leon Cooperman

Once again this is going to be another article of the same Bitcoin (BTC) Vs. Gold. But this time, we would be looking further upon the comments of a prolific billionaire, hedge fund manager, and investor from America. 

Yes, true to the fact this person has seen both the ‘Gold era’ as well as the present ‘Bitcoin era’ too. The American billionaire and the CEO of Omega Advisors, Leon Cooperman depicts and comments his views highly in favour of Bitcoin (BTC) surely and also thrashing gold too. 

Prevail of Bitcoin (BTC) Forever

Besides, being the CEO of Omega Advisors, the age-old experience so far into the investments and hedge funds, the views of Leon Cooperman should be taken up quite seriously. In spite of Bitcoin (BTC) and gold, Cooperman states that people should rather stick with BTC rather than anything else during uncertain times. 

In addition, he terms that BTC is the new hedge fund over the inflations. Furthermore, he depicts that whatever gold was held as responsible, now it’s going to be the responsibilities of BTC, symbolizing that BTC will take up the throne of gold. 

Moreover, he firmly states that BTC will be the one with immense value in future and gold should not be considered even near BTC. Accordingly, Cooperman states that the main drawback why even still people are not willing to indulge themselves into BTC is because of lack of knowledge. 

Importance of Crypto Education

Leon Cooperman states, the economic value of a country now lies with the crypto investments which are the future. In such terms proper knowledge on BTC is essential, he states. 

Besides, Cooperman advises people to learn about BTC, understand the true essence of it, and also indulge in trading of BTC. 

However, amidst all this, Cooperman still urges investors to invest carefully, as the crypto industry at the same time is volatile. 

In addition to all this Cooperman firmly states one must learn for themselves before blindly investing into either the altcoins or the BTC. Also, he adds one leaves the crypto industry after suffering losses by blind investments.  

Therefore, he terms the crypto education and knowledge of a nation, will determine the nation’s growth!

Recommended for You

A Project Engineer by profession, a writer by passion. Especially into the critics and skeptics on cryptocurrency. His fascination towards the crypto world and his personal experience on it has made him a writer with a taste.