Real Estate Billionaire Grant Cardone Speaks About Bitcoin: “I’ll Keep Buying Even If It Stays Flat for Years”
Renowned real estate investor and billionaire Grant Cardone has reiterated his belief in Bitcoin ($BTC), stating that he will continue to aggressively buy even if the $BTC price remains flat for years.
In a video he released, Cardone stated that he believes Bitcoin will not fall to zero, even in the worst-case scenarios.
Addressing worst-case scenarios, the billionaire stated, “Okay, what if it stays flat for another two years? That would mean four years of sideways movement on top of a two-year bear market, around the $67,000 level.” Cardone noted that the Bitcoin price chart for the past two years has been like a straight line, adding, “Even if it goes flat for another two years, the cash flow from my real estate investments will continue. I haven’t realized any gains yet, but I’ll move if necessary.”
Referring to Bitcoin’s 15-16 year history, Cardone said, “Would something that has existed for so long suddenly disappear to zero? Wouldn’t anyone want that? I don’t believe it.”
*This is not investment advice.
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