Vanguard CEO: Bitcoin's volatility is too high, not worth long-term investment
Vanguard CEO Tim Buckley stated that cryptocurrencies operate as speculative assets and are not suitable for long-term investment, which does not align with Vanguard's investment model. Things like Bitcoin have too much volatility and it is not a means of storing value. When the stock market was hit hard in the recent crisis, Bitcoin followed suit.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 1,559,300 TON transferred from an anonymous address to TON, worth approximately $2.51 million
Data: Hyperliquid platform whales currently hold $5.531 billions in positions, with a long-short ratio of 0.93