Always do as they do, never do as they say you should do.
Vanguard: "BTC is bad mmkay, it's really volatile, so it's bad as a long term investment"
Meanwhile, Vanguard is number 2 and 3 shareholders of MicroStrategy (15% total) and Coinbase (14% total).
Haha I have been telling a buddy that is very well off to get in for well over a decade and he lost a ton on silver and stocks listening to that retard cramer and I sent him the headline with the etf's and he sent back "maybe that will clamp down the volatility" LOL, I sent back "Hope not, Buy the dips and sell the highs".
But its apparent to me the mainstream is pushing that narrative to the zombies when I heard it from him and you just posted that same coming from vanguard.
I guess that's why doing your own research from a proper source matters, I guess Vanguard will like to buy the dip that's why they made this comment.
Gold, Silver and other stock are better investment than bitcoin while Bitcoin as given better ROI for the past decade than them

ADDED:
The SEC's Gary Gensler reiterated on live cable TV that "Bitcoin is a highly speculative volatile asset that is used for illegal activity."
*Sec as well, well the sheeple get what they deserve
At least better than their forex currency but its annoying when they speak as if Bitcoin is the only currency ever being used for illegal activity what about the dollar that has been existing for ages before Bitcoin and can they literally say Dollar is still not being used for illegal activities till now
wonder if anyone has ever asked them this question during an interview or n in the Press Seriously I thought they won't be speaking about anything at the moment (guess they are too shameless) because it was shameful for the public to know that the mighty SEC are not privacy and security cautious for their number linking to their twitter (X) account to be gotten from a third party and they not also using 2FA