Legendary trader and motivator Jordan Belfort expressed his opinion that long-term investments in bitcoin will save money from inflation. He said this in a recent interview.

"The Wolf of Wall Street" urged players to give up trying to make money with short-term deals. In his opinion, the first cryptocurrency should be used as a tool for long-term storage of finances. In the near future, bitcoin will cease to be an investment tool with the ability to increase the rate and turn into a means of saving, Belfort is sure.

Among the most profitable investment strategies, the former stockbroker singled out investing small sums in cryptocurrency startups that are at the earliest stage of formation. By working with such companies, venture capitalists can make huge profits. However, Belfort warned that most of such projects go bust and investors risk losing their money.

Right now, bitcoin is still in its developmental stage, the trading expert continued. To increase the flow of investments in the cryptocurrency sector, it is necessary to develop mechanisms for its regulation. Thus, digital assets will be used less for criminal purposes, as well as the volume of fraud will be reduced.