With the cryptocurrency market feeling the pressure of Changpeng Zhao, the CEO of crypto trading platform Binance, stepping down and facing 18 months in prison as part of a settlement with the United States Securities and Exchange Commission (SEC), the infamous ‘Wall of Wall Street’ sees the silver lining.
Indeed, according to Jordan Belfort, “bear market is the best time to invest” in cryptocurrencies, as he surmised in an interview with a venture capitalist, crypto investor, educator, and ‘London Real’ host Brian Rose in ‘The Wolf’s Den Podcast’ episode streamed on November 21.
Secret to investing wisely in crypto
Specifically, as Belfort explained:
“The secret to investing wisely with this type of speculative investment is that you want to be buying when things look terrible. The time to make the best investments is during a bear market. We all saw the crypto market basically unravel, punctuated with the bankruptcy of FTX and Sam Bankman-Fried.”
Echoing his sen
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