FMP
Jan 01, 2022(Last modified: Dec 19, 2023)
While Bitcoin dropped more than 18% in December, recording its worst monthly performance since May 2021, Nigel Green from deVere Group advises to “ignore the crypto deniers”, whose arguments focused on two main things - (1) cryptocurrencies are used by criminals, (2) crypto market is volatile, “have been answered”.
Instead, Green suggests investors, who want to build their wealth for the long-term, should look at the data, which shows that Bitcoin has outperformed both stocks and gold for the third consecutive year.
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