Arthur Hayes, co-founder of BitMEX, urges Bitcoin holders to exercise patience, emphasizing Bitcoin's long-term advantages amid currency debasement.
Importance of Patience for Bitcoin Holders
Hayes highlights the importance of long-term thinking for Bitcoin holders, suggesting resilience against short-term market fluctuations. The community reacted positively to the encouragement of patience amidst volatile global markets.
Bitcoin's Performance Against Traditional Assets
Hayes stated that Bitcoin ranks as a top-performing asset in the face of currency debasement. He believes Bitcoin's long-term performance surpasses that of gold and stocks, even if the current market does not reflect this.
Advice for Bitcoin Investors
Hayes, speaking at Maelstrom, advised Bitcoin holders to remain patient, noting that Bitcoin has historically shown resilience against currency devaluation. His outlook remains optimistic, predicting possible price increases driven by macroeconomic policies.
Arthur Hayes’ advice underscores the significance of long-term thinking for Bitcoin investors, especially in the current market uncertainty and currency devaluation.
