Bridger Pennington runs through Google's most searched crypto questions in rapid fire. He covers whether it's too late to get in, how interest rates affect bull runs, China's crypto stance, and why institutional money matters for the market.
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So I currently run an 8-figure crypto investment fund. I'm going to answer these questions rapid fire. All right, here we go. Will interest rates decide the next bull run? No. Is China a friend or foe to crypto? Has been a foe. If they become a friend, it could be huge for crypto. Is institutional money good for crypto? Yes. Is crypto still early? Yes, very yes. Advice to new investors in one sentence? Get started. Long-term hold, Bitcoin or real estate? Both. Biggest risk to crypto? NFTs, are they dead or evolving? Evolving. Altcoins, worth it or worthless? Uh, worth it. The good ones. Regulations, good or bad? Very good. Regulations are awesome for crypto. Should young people skip stocks and buy crypto? I think have both, but I would lean on crypto. Which crypto would you buy for the long term? Bitcoin. Can my crypto account get hacked? 100% yes. Be careful. What is a crypto wallet? It's a place where you hold your crypto. Going fast here. Is crypto replacing gold as a store of value? Partially, yes. Is it too late to get into crypto? No, very early still. Will crypto replace the dollar? No, I think it'll be an evolution of the dollar. All right, that's all the questions I have today. If you got one, drop in the comments down below.
