Bitcoin Cannot Be Trusted According to CNBC

If you had bought $100 (BTC) Bitcoin in 2010, you would now have approximately $88 million worth of money.

Bitcoin was worth 0.003 cents in 2010 . But we have no chance to predict the future and making successful investments is not an easy thing. For some, Bitcoin is promising, but for users who are not close to cryptocurrencies, Bitcoin is a utopian thing.

CNBC technology correspondent Arjun Kharpal recently said that Bitcoin has been a safe haven for investments. He said he disagreed with analysts who claimed it was. Analysts stated that the reason for the delayed appreciation experienced by Bitcoin was the desire of investors to invest their money in guarantees and the unreliability of the exchanges.

On the other hand, BTCC’s CEO and co-founder Bobby Lee,

People are now investing in Bitcoin as they are investing in Gold while they are looking for a safe haven for their money

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CNBC Doesn’t Believe In Bitcoin

Kharpal has never believed that Bitcoin is a safe investment, considering the digital currency exchange Nasdaq data, Bitcoin’s performance over the past year has been pretty good to Gold. similar and stated that this is not enough for cryptocurrencies.