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.”
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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