Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Anthony Pompliano, Investor with $50 Million Fortune, Talks About the Sustainability of Bitcoin’s Rally

Anthony Pompliano, Investor with $50 Million Fortune, Talks About the Sustainability of Bitcoin’s Rally

BitcoinsistemiBitcoinsistemi2024/12/28 20:55
By:Mete Demiralp

Cryptocurrency-friendly millionaire Anthony Pompliano spoke about the rally in the Bitcoin price in his statement.

Anthony Pompliano, founder and CEO of Pomp Investments, reaffirmed his bullish stance on Bitcoin in a recent interview, drawing attention to Bitcoin’s dominance and strategic importance in the global financial landscape.

Pompliano argued that Bitcoin's rarity and positioning as “digital real estate” make it a vital asset for nations and institutions alike.

Pompliano noted the limited supply of 21 million coins, saying: “Owning Bitcoin is like owning a strategic physical asset, but in the digital world. This is digital gold, and the US must decide whether it wants to lead or lag behind other nations that are already accumulating Bitcoin.”

The discussion also touched on the growing acceptance of cryptocurrencies within the U.S. government. Pompliano noted that many members of the current administration, including President Trump and Senator J.D. Vance, own Bitcoin or other crypto assets, indicating a potential policy shift toward greater adoption. “We are seeing crypto mature and integrate into the traditional financial system. Bitcoin is no longer just a speculative asset; it is becoming a fundamental part of the conversation about free markets and capitalism,” he said.

Related News Veteran Analyst il Capo Reveals He's Buying More of This Altcoin After Today's Rally

When asked about Bitcoin’s volatility and whether it’s a solid investment at current levels, Pompliano drew parallels to historical market trends, such as the early days of investing in the SP 500. “The best time to buy Bitcoin was yesterday. The second best time is today. Waiting will make it even harder as the dollar continues to depreciate,” he said.

Pompliano also touched on Bitcoin’s positioning compared to other cryptocurrencies, especially with the approval of Ethereum ETFs and the increasing diversity in the crypto market. Despite these developments, he said, “Bitcoin is king and will remain king. Most of the capital flows from traditional finance are directed to Bitcoin because it represents stability and purchasing power preservation.”

On the geopolitical front, Pompliano said the U.S. risks falling behind if it does not consider creating a strategic Bitcoin reserve. Noting that many countries are already mining and purchasing Bitcoin, Pompliano suggested that America’s position as a global leader could be in jeopardy if proactive measures are not taken.

As for his price predictions, Pompliano refrained from specifying specific targets but expressed unwavering optimism: “With or without Bitcoin reserves, the price will go higher. The real story of 2025 will be how BTC and crypto mature and become an integral part of the global financial system.”

*This is not investment advice.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like