RATE Group | Bitcoin Bull Anthony Pompliano Rates Best Assets to Invest in After Global Economic Tsun…
84131
post-template-default,single,single-post,postid-84131,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin Bull Anthony Pompliano Rates Best Assets to Invest in After Global Economic Tsun…

Bitcoin Bull Anthony Pompliano Rates Best Assets to Invest in After Global Economic Tsun…

[ad_1]

The co-founder of Morgan Creek Digital, Anthony Pompliano, is laying out his top investments over the next 18-24 months.

In a new letter to investors, the outspoken crypto proponent says Bitcoin (BTC) is his number one pick to surge in the aftermath of the coronavirus pandemic, giving it a score of 11/10.

Pompliano points to Bitcoin’s halving, which will cut the rate of new BTC entering the market in half, as a stark contrast to increased money printing and quantitative easing from governments around the world.

“You have a positive demand shock happening at almost the exact same time that you have a negative supply shock. This is going to be rocket fuel for the decentralized digital currency.”

As for his price targets, Pompliano says he believes BTC will land between $20,000 and $100,000 over the next two years.

The second-best investment, according to Pompliano, is equities. He gives stocks an overall rating of 8/10 and says the recovery…

[ad_2]

Source link