Think you’re too late to Bitcoin? You’ve still got time, according to ETF manager Bitwise’s chief investment officer, who predicts sizable gains still to come.

Of course, he would say that. But crypto asset manager boss Matt Hougan has laid out some interesting reasons why he thinks the average investor can still snap up “digital gold”—and that being late to Bitcoin would be when or if it hits the $500,000 mark. 

Bitcoin’s price soared amid Donald Trump’s Presidential election victory last week, and has continued to rocket upwards, constantly breaking new all-time highs. It shot up to a new peak of nearly $93,500 earlier Wednesday, though has cooled since.

Hougan argued in a Tuesday blog post that Bitcoin—and assets like gold—will continue to be attractive to investors as fiat currency is debased. 

“Bitcoin is still developing, even after this latest rally,” he wrote, arguing that it still makes the

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Author: Mathew Di Salvo