The legendary American investor, founder of Vanguard Jack Bogle advises to stay away from bitcoin and not to withdraw money from the traditional assets for him. About it writes Bloomberg.
“Flee from bitcoin like the plague. I made myself clear?”, – Bogle responded to the question of the audience at a press conference in new York.
“Bitcoin does not have a rate of return. The bonds have a coupon, stock is the profit and dividends, gold is nothing. Bitcoin does not do any support, but hope that someday you will sell it more expensive than bought,” explained Bogle.
Meanwhile, the rate of a bitcoin today exceeded $11 thousand.
On 28 November, the exchange rate of bitcoin for the first time exceeded $10 million at auction in South Korea.