{"id":178,"date":"2018-03-29T13:24:35","date_gmt":"2018-03-29T13:24:35","guid":{"rendered":"http:\/\/forefrontnews.cn\/finance2news\/?p=178"},"modified":"2019-03-05T09:53:21","modified_gmt":"2019-03-05T09:53:21","slug":"wall-street-analyst-makes-an-evidence-based-case-for-holding-or-hodling-bitcoin-for-long-term","status":"publish","type":"post","link":"http:\/\/forefrontnews.cn\/?p=178","title":{"rendered":"Wall Street analyst makes an evidence-based case for holding (or &#8216;HODLing&#8217;) bitcoin for long term"},"content":{"rendered":"<div>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/demo6.aiwalls.comhttp:\/\/forefrontnews.cn\/finance2news\/wp-content\/uploads\/2018\/03\/Wall-Street-analyst-makes-an-evidence-based-case-for-holding-or-HODLing-bitcoin-for-long-term.jpg\" alt=\"Wall Street analyst makes an evidence-based case for holding (or 'HODLing') bitcoin for long term\" width=\"530\" height=\"298\" data-enlarged-image=\"https:\/\/fm.cnbc.com\/applications\/cnbc.com\/resources\/img\/editorial\/2018\/03\/28\/105095210-GettyImages-HG1287-001.1910x1000.jpg?v=1522252917\" \/><\/p>\n<div>Getty Images<\/div>\n<\/div>\n<div>\n<p>Looking through the lens of stock investing, a Wall Street analyst says bitcoin is an attractive buy while it remains under pressure here.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;The mood in crypto is terrible right now,&#8221; Thomas Lee, head of research at Fundstrat Global Advisor told CNBC. &#8220;Long-time holders are worried because they have big gains and they&#8217;re worried about falling prices. But bitcoin is a great store value. It works really well. It&#8217;s kind of boring, because it&#8217;s not the latest and most exciting project. But it also is one of the most liquid ways to get exposure to crypto,&#8221; he said on &#8220;Fast Money&#8221; Wednesday.<\/p>\n<p>If an investor didn&#8217;t hold stocks through the 10 best days for the S&amp;P 500 each year, the annualized return would drop to 5.4 percent from 9.2 percent, Lee wrote in a Wednesday report.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Looking through the lens of stock investing, a Wall Street analyst says bitcoin is an attractive buy while it remains under pressure here.<\/p>\n","protected":false},"author":1,"featured_media":179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[257],"tags":[],"views":147,"_links":{"self":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/178"}],"collection":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=178"}],"version-history":[{"count":1,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/178\/revisions"}],"predecessor-version":[{"id":206,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/178\/revisions\/206"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/media\/179"}],"wp:attachment":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=178"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}