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Why crypto investors are still bullish on bitcoin amid declines

Why crypto investors are still bullish on bitcoin amid declines

00:00 Speaker A

Should investors that still own a Bitcoin or other cryptos, should they be freaked out by what’s happened?

00:06 Anthony

Well, I’ll tell you this. and I think the the important point that Pump made was that the original apostles of of Bitcoin are certainly feeling confident because they they know the kind of volatility that Bitcoin can have. It that very often has 50 and 60% downdrafts. The new entrants that he also referenced don’t know that. And and that’s probably if that kind of uh volatility uh doesn’t help you sleep at night, then perhaps you shouldn’t have a large allocation here. And what has happened with the Bitcoin uh spot ETFs that came out a year ago, we do have a lot of new entrance….

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