Cathie Wood, the CEO of Ark Invest, has predicted that Bitcoin could reach $1 million by 2030. However, Lyn Alden, the author of *Broken Money*, suggested a more cautious timeline. In an interview, Alden mentioned that while the $1 million target for Bitcoin is possible, it might not happen until 2035, instead of 2030.
Alden compared Bitcoin to gold, noting that both assets could grow in importance in the future. She believes Bitcoin could eventually surpass gold in market value and recommends that investors consider holding at least a small portion of Bitcoin in their portfolios.
She emphasized that even if the bullish forecast for Bitcoin doesn’t materialize, a small investment (such as 3%) would still be a reasonable approach. However, if Bitcoin does rise significantly, being invested, even with a small amount, could pay off well.
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