Bitcoin has a chance to show unprecedented growth, but at the same time it is not excluded a complete collapse of the first cryptocurrency. For this reason, it is not worth the risk of investing all the money in it. Brock Pierce, a veteran of the cryptocurrency industry and BTC expert, shared his opinion on this matter.

Talking with journalists from Fox Business the billionaire said that in case of bitcoin there are only two possible developments. Either BTC's rate will soar to $1 million or it will collapse to zero. In this regard, Pierce strongly recommends not taking any risks and not investing all of your money into this cryptocurrency.

As an analogy, the businessman cited the dot-com crisis of the late 90s. In his opinion, the market today is experiencing the same problems as then. Pierce recalled how such giants as eBay and Amazon emerged after the crisis of technology companies. There is a possibility that digital assets will also soon reach a new level and become an integral part of the modern world, the billionaire added.

As the cryptocurrency industry veteran admitted, his investment portfolio is diversified through
investments in Ethereum, as well as active participation in the market of non-exchangeable tokens (NFT).