Most opportune time to buy Bitcoin? Now — Bitwise CIO Matt Hougan explains why
In an interview with Cointelegraph, Matt Hougan, Chief Investment Officer at Bitwise, elaborates on why he believes now is the best time to invest in Bitcoin. He argues that many of the initial risks associated with Bitcoin—such as technological uncertainties, regulatory challenges, and trading inefficiencies—have significantly decreased over time. The advent of Bitcoin ETFs, interest from major institutional investors, and the establishment of a US government Bitcoin reserve are cited as pivotal developments that have legitimized Bitcoin's place in the financial ecosystem. Hougan highlights that despite Bitcoin's substantial growth, it still represents only 10% of gold’s market size, suggesting that there is considerable potential for further appreciation. He points out the increasing structural demand against a backdrop of limited new supply, indicating that Bitcoin's price could soar in the long term. Overall, Hougan presents a compelling case for why entering the Bitcoin market now could yield significant benefits.
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