Mark Yusko, CEO of Morgan Creek Capital, gave some great digital currency investment advice in a recent interview with CNBC on May 22nd. Yusko strongly advised that Bitcoin (BTC) should be in every investor’s portfolio.
Yusko went on to say that he believes BTC investments would far outperform the S&P 500 investment fund over the next 10 years.
When asked about investing in cryptocurrency, specifically putting money into BTC, Yusko stated,
“Bitcoin is a great diversifying asset. It has very low correlation. It should be in everybody’s portfolio.”
This is not the first time Yusko has been very bullish on Bitcoin, he has previously gone on the record predicting that BTC will hit highs of $400,000 USD at some point.
In addition to his investment advice, Yusko further went on to comment on BTC’s have a strong potential for disrupting traditional banking and finance,
“This will change the supply and demand equation for banking. It is that big. I’m not surprised at all that bankers, financiers and Saudi Princes are coming out against it. This is a truly disruptive technology.”
What Is The Best Option For Bitcoin Investment?
Mining is the best investment for Bitcoin you can choose. NGS Crypto is the only Australian crypto mining company, complied under ASIC and the ATO for superannuation, giving you the opportunity to make a risk-free Bitcoin investment plan.
Mining Bitcoin, opposed to buying Bitcoin, gives you a long-term option to profit from your investment in the crypto world.
In 2020, Bitcoin will experience it’s next block halving, meaning that the reward for mining a Bitcoin will be cut from 12.5 to 6.25. In order to benefit from this, NOW is the time to start your crypto mining journey, so you can accumulate as many Bitcoin as possible between now and then.
Currently, at time of writing, the Bitcoin price is sitting at $8,730.63 +8.33%.