Wall Street analyst makes an evidence-based case for holding (or 'HODLing') bitcoin for long term

Wall Street analyst makes an evidence-based case for holding (or 'HODLing') bitcoin for long term

6 years ago
Anonymous $gIi3-PxxKB

https://www.cnbc.com/2018/03/28/wall-street-analyst-makes-an-evidence-based-case-for-holding-or-hodling-bitcoin-for-long-term.html

Looking through the lens of stock investing, a Wall Street analyst says bitcoin is an attractive buy while it remains under pressure here.

If an investor didn't hold stocks through the 10 best days for the S&P 500 each year, the annualized return would drop to 5.4 percent from 9.2 percent, Thomas Lee, head of research at Fundstrat Global Advisors, said in a Wednesday report.