Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment Management, compared Bitcoin and ETH to “cockroaches” (called “small powers”) to highlight the resilience of the two largest cryptocurrencies rolled into one. interview lately.
“Bitcoin and ETH are like little power, they won’t die … Bitcoin and ETH are the best way to leverage this asset in the long run.”
Ross Gerber – CEO Gerber Kawasaki Wealth and Investment Management
He went on to say that these two cryptocurrencies are close to death, but they will turn around and come back stronger than ever:
“I’ve seen them nearly killed several times in seven years, and like cockroaches, they have continued to survive for thousands, if not millions of years.”
Gerber said he doesn’t want to do anything with worthless cryptocurrencies as he considers himself a long-term investor.
The American investor also warned the community that the next crypto winter is finally approaching and that it will be extremely “brutal”.
Bitcoin and Ether are down 30.18% and 17.35%, respectively, from their respective local highs in November.
ETH / USDT (left) and BTC / USDT (right). Source: TradingView