Mike Novogratz, the founder of Galaxy Digital, has made a bold claim about Bitcoin. While previously he was known as one of Bitcoin permabulls, recently he made a claim that physical gold is a better option than Bitcoin when it comes to the investment portfolio.
Novogratz claimed that Bitcoin might outplay gold price in the future, but it’s still too volatile. He also stated that investors should hold more physical gold than Bitcoin due to its safer and more established status in the investment space. That being said, he still believes in the long-term price growth of BTC. He also expressed regret of not purchasing enough BTC or ETH in the past.
