Tom Lee: I would invest new money in Bitcoin, not Bitcoin Cash Co-founder of Fundstrat Global Advisors Tom Lee told CNBC that he would rather invest in the original Bitcoin than buying Bitcoin Cash.

Tom Lee: I would invest new money in Bitcoin, not Bitcoin Cash

Fundstrat Global Advisors co-founder Tom Lee told CNBC that he would rather invest in the original bitcoin over buying Bitcoin Cash.

Lee, who is known as one of the most optimistic forecasters in the cryptocurrency segment, said that he avoids "joining one of the parties", but "new money" should be invested in Bitcoin..

“I think both have their own merit,” he explained. "But if we are talking about new money, fresh dollars, I would be much more interested in buying a bumpkin that can attract an infusion than something that can already be bought.".

When asked about the reasons for the rapid growth of Bitcoin Cash in recent days, Lee suggested that it may be due to the upcoming hard fork of the cryptocurrency..

In addition, on his Twitter, the analyst published the results of a survey of institutional investors conducted by his company. More than 80% of respondents believe that the minimum bitcoin is left behind, and by the end of the year the largest cryptocurrency will cost from $ 10,000 to $ 30,000.

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