{"id":63991,"date":"2022-07-06T11:04:22","date_gmt":"2022-07-06T08:04:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=63991"},"modified":"2025-09-06T11:57:29","modified_gmt":"2025-09-06T08:57:29","slug":"the-wolf-of-wall-street-says-bitcoin-is-a-long-term-hedge-against-inflation","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/the-wolf-of-wall-street-says-bitcoin-is-a-long-term-hedge-against-inflation\/","title":{"rendered":"\u2018The Wolf of Wall Street\u2019 says bitcoin is a long-term hedge against inflation"},"content":{"rendered":"<p>Former American broker Jordan Belfort, known as the \u201cWolf of Wall Street,\u201d urged buying bitcoin for a horizon longer than one to two years as a long-term hedge against inflation.<\/p>\n<p>According to the expert, extending the investment horizon enlarges the likelihood of profit.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>If you take a three- or five-year horizon, I would be surprised if you do not earn money. The fundamentals of bitcoin are really strong<\/em>, he explained.<\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" width=\\\"892\\\" height=\\\"502\\\" src=\\\"https:\/\/www.youtube.com\/embed\/j8bd2paHyds\\\" title=\\\"The Crypto Mile - Ep1 with Jordan Belfort, Steve Hanke &#038; Jimmy Song\\\" frameborder=\\\"0\\\" allow=\\\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\\\" allowfullscreen=\\\"\\\"><\/iframe><\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>It has a limited supply. As inflation continues to rise, there will come a time when bitcoin begins to trade more as a store of value than as a growth stock<\/em>, the specialist explained.<\/p>\n<\/blockquote>\n<p>The former broker attributed bitcoin&#8217;s current high correlation with the Nasdaq index to its maturation stage. In his view, this is manifested by the absence of \u201creal institutional ownership\u201d, which could be addressed through regulation.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>You can raise funds in the cryptocurrency market. But there is a lack of disclosure that could portend a bad outcome<\/em>, he explained.<\/p>\n<\/blockquote>\n<p>The \u201cWolf of Wall Street\u201d advised investors to focus first on the team and the utility of the project. In his words, one should avoid those that cannot compete with centralized alternatives.<\/p>\n<p>Back in 2021 Belfort<a href=\"https:\/\/u1f987.com\/en\/news\/wolf-of-wall-street-calls-shiba-inu-and-dogecoin-useless\"> named<\/a> meme cryptocurrencies Shiba Inu and Dogecoin as \u201cuseless and without value\u201d.<\/p>\n<p>Earlier, the former broker admitted that he is a <a href=\"https:\/\/u1f987.com\/en\/news\/the-wolf-of-wall-street-reveals-xrp-investments\">large holder of XRP<\/a>.<\/p>\n<p>Read ForkLog\u2019s bitcoin news in our <a href=\\\"\/\/telegram.me\/forklog\u201d\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former American broker Jordan Belfort, known as the \u2018Wolf of Wall Street\u2019, urged buying bitcoin for a horizon longer than one to two years as a long-term hedge against inflation.<\/p>\n","protected":false},"author":1,"featured_media":63992,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,2225,1138],"class_list":["post-63991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-jordan-belfort","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=63991"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63991\/revisions"}],"predecessor-version":[{"id":63993,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/63991\/revisions\/63993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/63992"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=63991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=63991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=63991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}