Millionaire Argues Against Selling Bitcoin for Gold: ‘Don’t Be Stupid!’

While Bitcoin (BTC) experienced a smaller price jump than gold this year, gold’s value soared past $4,000, attracting investors. This shift triggered comments from Grant Cardone, a renowned real estate millionaire and author, who publicly warned against selling Bitcoin to buy gold. In an interview with Decrypt, Cardone emphasized the superior long-term prospects of Bitcoin due to its programmed scarcity. Cardone, who invests in Bitcoin alongside his real estate holdings, recommends holding onto BTC rather than converting it into gold.