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Ross Gerber compares Bitcoin and ETH to “small powers” that fight forever and never die

Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment Management, compared Bitcoin and ETH to “cockroaches” (called lesser powers) to highlight the resilience of the two largest cryptocurrencies rolled into one. interview recently.

“Bitcoin and ETH are like little power, they will not die … Bitcoin and ETH are the best way to use this asset in the long term.”

Ross Gerber – CEO Gerber Kawasaki Wealth & Investment Management

He went on to say that these two cryptocurrencies are near death, but they will turn around and come back stronger than ever:

“I’ve seen them nearly killed a few times in seven years, and like cockroaches, they have continued to survive for thousands, if not millions of years.”

Gerber said that he doesn’t want to do anything with cryptocurrencies that are of no use as he sees himself as a long-term investor.

The American investor also warned the community that the next crypto winter is finally coming and that it will be extremely “brutal”.

Bitcoin and Ether are down 30.18% and 17.35%, respectively, from their respective local highs hit in November.

ETH / USDT (left) and BTC / USDT (right). Source: TradingView

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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