Advertisement
AD

Main navigation

Advertisement
AD

Gerber Kawasaki CEO Compares Bitcoin and Ether to Cockroaches

By Alex Dovbnya
Fri, 10/12/2021 - 20:36
Advertisement
Gerber Kawasaki CEO Compares Bitcoin and Ether to Cockroaches
Cover image via stock.adobe.com
Read U.TODAY on
Google News

Ross Gerber, CEO Gerber Kawasaki Wealth & Investment Management, compared Bitcoin and Ethereum to “cockroaches” to highlight the resilience of the two largest cryptocurrencies during his recent interview on Yahoo! Finance:

Advertisement

Bitcoin and Ethereum are like cockroaches, they're just not gonna die…Bitcoin and Ethereum have been the best way to play these assets over the long term.

He went on to mention that both of these cryptocurrencies were close to dying, but they would manage to come back stronger than ever:    

In the seven years, I’ve watched them almost get killed several times, and they continue to survive just like cockroaches have for thousands if not millions of years.

Advertisement

Related
Gerber says that he doesn’t want to do anything with cryptocurrencies that don’t have any utility since he considers himself to be a long-term investor.

The American investor also warned the cryptocurrency crowd that the next crypto winter will eventually come, and it’s going to be “brutal.”

Bitcoin and Ether are down 30.18% and 17.35% from their respective local peaks that were reached in November.

Related articles

Advertisement
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD