{"id":56657,"date":"2022-01-26T18:27:34","date_gmt":"2022-01-26T16:27:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=56657"},"modified":"2025-09-04T07:32:21","modified_gmt":"2025-09-04T04:32:21","slug":"anthony-scaramucci-advises-hodlers-to-take-a-pill-and-stay-long","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/anthony-scaramucci-advises-hodlers-to-take-a-pill-and-stay-long\/","title":{"rendered":"Anthony Scaramucci advises hodlers to take a pill and stay long"},"content":{"rendered":"<p>Investors should take a step back and look at the bigger picture rather than chasing the current Bitcoin price, SkyBridge Capital founder Anthony Scaramucci said on CNBC.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cTake a calming pill, stay long on Bitcoin, and on other cryptocurrencies such as Algorand and Ethereum. These investments will yield very good returns in the long term.\u201d<\/em>, the investor said.<\/p>\n<\/blockquote>\n<p>According to Scaramucci, everyone in the market is a long-term investor until short-term losses arise that drive them mad.<\/p>\n<p><iframe loading=\"lazy\" width=\"1280\" height=\"720\" src=\"https:\/\/www.youtube.com\/embed\/V_H9efoOMC0\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen=\"\"><\/iframe><\/p>\n<p>The financier suggested that by 2025 there could be around a billion Bitcoin holders worldwide. The dollar will endure, and digital gold will finally establish itself as a store of value as the number of network users grows, he explained.<\/p>\n<p>The founder of SkyBridge Capital said that Bitcoin is a technology ahead of its time. He compared it with Amazon\u2019s shares, which survived the dot-com crash and numerous periods of extreme volatility. He reminded that $10,000 invested in them at the <span data-descr=\"initial public offering\" class=\"old_tooltip\">IPO<\/span> eventually turned into $22 million.<\/p>\n<p>Scaramucci attributed the current volatility to a muted level of adoption of the first cryptocurrency, particularly among large corporations. Steps in that direction are currently being taken only by hedge funds and small businesses.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cI would never use an asset like Bitcoin because of volatility and uncertainty. &#8230; It would be the same as running Amazon in 1998\u20132000.\u201d<\/em>, explained Scaramucci.<\/p>\n<\/blockquote>\n<p>He declined to provide short-term price targets but expressed confidence in further user growth.<\/p>\n<p>According to the financier, SkyBridge Capital currently advises investing between 1% and 4% of capital in Bitcoin, to \u201cnot miss the opportunity\u201d.<\/p>\n<p>Earlier in November 2021, Scaramucci <a href=\"https:\/\/forklog.com\/en\/news\/anthony-scaramucci-calls-latest-bitcoin-correction-a-buying-opportunity\">proposed<\/a> taking advantage of a correction to build up his positions.<\/p>\n<p>Earlier, he forecast Bitcoin <a href=\"https:\/\/forklog.com\/en\/news\/scaramucci-bitcoin-could-trade-at-500000\">to reach $500 000<\/a>.<\/p>\n<p> Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors should take a step back and look at the bigger picture rather than chasing the current Bitcoin price, SkyBridge Capital founder Anthony Scaramucci said on CNBC.<\/p>\n","protected":false},"author":1,"featured_media":56658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1254,480,1138],"class_list":["post-56657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-anthony-scaramucci","tag-bitcoin-price","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/56657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=56657"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/56657\/revisions"}],"predecessor-version":[{"id":56659,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/56657\/revisions\/56659"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/56658"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=56657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=56657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=56657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}