RATE Group | What Mainstream Financial Advisors Are Saying About Bitcoin
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What Mainstream Financial Advisors Are Saying About Bitcoin

What Mainstream Financial Advisors Are Saying About Bitcoin

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During the mainstream market’s current decline, investment advisors are giving out a myriad of advice, with some even mentioning Bitcoin (BTC). 

Morgan Creek Digital co-founder and partner, Anthony Pompliano, or “Pomp,” tweeted an inquiry to his followers, asking what their financial advisors have told them recently, given the current falling market. 

Some Advisors say buy during market decline

Amid coronavirus concerns and oil trade events, traditional markets have taken a hit over the last few weeks. According to an age-old adage from investing legend Baron Rothschild, investors should look to buy during down markets. 

“Buy when there’s blood on the streets,” Rothschild famously said. Some financial advisors are reportedly recommending just that. Anthony Pompliano posted a number of these shared comments on Twitter, while keeping their sources anonymous. 

“It’s time to buy cheap stocks,” one professional said. “Wait for everyone to say they sold and then buy,”…

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