According to Anthony Scaramucci, founder of Skybridge Capital, volatility is not a reason to sell Bitcoins hastily.
He pointed out that many institutional investors are allocating a portion of their capital to BTC, showing no fear towards the fluctuations of the crypto market and considering digital currency a reliable investment.
Scaramucci stressed the importance of holding onto coins for as long as possible, as it can improve traders’ positions and result in more profitable investments. Scaramucci also noted a growing trend of institutions entering the BTC market through spot crypto ETFs.
This increase in investment is contributing to the rise in the value of virtual currency, highlighting its growing significance in the financial world.
