‘Most People Shouldn’t Buy Bitcoin’—Grant Cardone Explains Why, Even as He Bets Big With His $87.5M Bitcoin-Real Estate Fund
Bitcoin has had a rollercoaster ride lately. After President Donald Trump‘s election, the cryptocurrency surged past $100,000 in December, fueled by expectations of pro-crypto policies.
But when Trump announced plans to impose steep tariffs on imports from Canada, Mexico, and China, Bitcoin’s value dipped below $91,000—its lowest in three weeks. That didn’t last long, though, as Bitcoin quickly rebounded.
Grant Cardone, a real estate investor and private-equity fund manager, sees Bitcoin continuing its climb. “I predict Bitcoin at $250,000 this year, and I think we will hit a million dollars by 2030,” he told GOBankingRates.
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His confidence comes from the current administration’s crypto-friendly stance. “Donald Trump’s pro-crypto, Howard Lutnick, the commerce secretary, is pro-crypto,” Cardone said. “Everybody in the administration is like, why not have a new form of currency, which is digital? It’s proven—it’s not a new thing. It’s 15 years old.”
That said, Cardone doesn’t think …
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