Jordan Belfort – the infamous stock broker whose story inspired Martin Scorsese’s film “The Wolf of Wall Street” – thinks the only two cryptocurrencies investors should deal with at the moment are bitcoin (BTC) and ether (ETH).
He cautioned people should invest only a small amount of their total portfolio in crypto due to the volatility and risks in the field.
Don’t Disregard Bitcoin
Belfort uploaded a video called “My Current Crypto Update” to give his two cents on hot topics, such as the FTX fiasco and whether now is the right moment to jump on the ecosystem.
He claimed the exchange was a scam and nothing could have protected users against the catastrophe.
Despite FTX’s meltdown, “the Wolf of Wall Street” does not think people should disregard bitcoin and ether. According to him, the two largest cryptocurrencies by market capitalization are the only ones investors should deal with during the ongoing bear market.
“Outside of those two coins – I literally woul
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