Kathy Wood is known for his exciting and optimistic long-term growth forecasts. Her investment funds have jumped into some of the most popular companies and securities of the past decade.
Not all her investments are profitable, but there’s no doubt that she understands the world differently than most investors. And this unique mindset allowed her to identify some major growth investments before the general market was turned on. Now she is a huge fan of iconic cryptocurrency, believing that she can increase her value in the next few decades, creating massive wealth for patient investors.
When it comes to cryptocurrency, Kathy Wood loves Bitcoin. (Cryptography: BTC). She’s been talking about Bitcoin for years, and her long-term forecasts are really tasty.
Wood uses 2030 for price prediction and has four scenarios that it believes can be rolled out five years in advance.
Bear Case: $258,500
Basic Case: $682,000
Bull Case: $1,480,000
Bully Case: $3,800,000
So, even in her bear case, Wood thinks Bitcoin will more than double by 2030. That’s a solid five years of return. However, in her base case, Bitcoin prices rise by more than 500%. And in her most bullish scenario, today’s $100 investment in Bitcoin is worth nearly $4,000 by 2030.
To be clear, Wood places her money and client’s money in her mouth. “We were the first public asset managers to touch Bitcoin for $250 in 2015,” she revealed in an interview last year. And she said her bullish scenario is actually more likely in a more friendly regulatory environment, and that institutional investors are gradually becoming more willing to allocate capital to the world’s biggest cryptocurrency. I believe it.
“This institutional green light provided by the SEC was kicking and screaming, but the analysis we did was that if institutional investors allocated bit more than 5% of their portfolio to Bitcoin, As we think, over time, that alone will add $2.3 million to the prediction I gave you,” Wood concludes.
Many investors have already added Bitcoin to their investment portfolios by purchasing directly or by purchasing Bitcoin ETFs. If you haven’t, now is the time.
It is very rare for new asset classes to be created, with Bitcoin being the exception. It has the longest running track record of any cryptocurrency, giving it the reputation advantage of its name and it grows over time. And while the prices were very unstable, it is clear that consciousness and adoption continues to grow gradually. This has caused prices to skyrocket over the long term as Bitcoin supply is finite in the long term.
The story continues