Fundstrat Global Advisors co-founder Tom Lee, who insisted on his $150,000 prediction for Bitcoin (BTC), made gold recommendations to investors.
Tom Lee said that investors should be careful in the face of declines, but also stated that they should be ready to buy the decline.
Speaking on CNBC's Squawk Box, Tom Lee said investors should be careful over the next two months.
According to Lee, the US presidential election creates uncertainty in the market, which can lead to unpredictable short-term fluctuations in the market.
At this point, the famous name said that investors should be careful before the US elections, but at the same time they should consider strategic opportunities to enter the market at low prices.
Be Prepared for the Opportunity to Buy the Dip!
Advising investors to be ready to buy when Bitcoin and cryptocurrency prices experience declines with a “buy the dip” strategy, Tom Lee claimed that the next two months could offer attractive entry points for prepared investors.
“I think investors need to be careful. Especially over the next eight weeks.
“I think investors will have the opportunity to buy low in the next eight weeks. So I would say be careful but be ready to buy that dip.”
*This is not investment advice.
