Vanguard CEO: Bitcoin's volatility is too high, not worth long-term investment
2024/03/17 01:31
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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.
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