While Bitcoin (BTC) saw less of a surge than gold, gold broke consecutive 0 price of an ounce of gold rose above $4,000, attracting 1 this point, while investors were switching from Bitcoin to gold due to the fear of missing out on the rise, the famous name said that this was a big 2 to Decrypt, renowned American author and real estate millionaire Grant Cardone said that selling Bitcoin to buy gold was a million-dollar 3 Cardone, who warned against selling Bitcoin to invest in gold, emphasized Bitcoin's programmed scarcity and long-term value proposition as superior to gold. Cardone, who includes Bitcoin in his real estate funds, advises investors to hold their BTC rather than converting it into 4 famous name stated that he sees Bitcoin as a superior store of value compared to the precious metal 5 acknowledging that the price of gold has risen more than 50% this year and has a positive long-term outlook, Cardone said it would be foolish for Bitcoin investors to be influenced by this 6 added that Bitcoin remains a superior store of value and has better long-term 7 emphasized that for every Bitcoin sold to buy gold, each investor risks a potential loss of one million dollars.
“Don't be stupid. I wouldn't pursue this right now. You'll cost yourself a million dollars for every Bitcoin you sell.” Investment firm VanEck also predicted this week that Bitcoin could capture half of gold's $26 trillion market capitalization, but noted that it could take several years. Meanwhile, Bitcoin's value is currently at $2.4 trillion, up from $1.2 trillion a year ago. *This is not investment 8 Reading: American Millionaire Addresses Investors Who Sell Bitcoin and Buy Gold!
"Don't Be Stupid!"
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