Bitmex Founder Arthur Hayes Advises to 'Go Long on Bitcoin' as G7 Central Banks

[sirty143]

Bitmex Founder Arthur Hayes Advises to 'Go Long on Bitcoin' as G7 Central Banks May Slash Rates

Arthur Hayes, the founder and former CEO of Bitmex, recently shared his insights on the future of global financial markets in a blog post. Hayes delves into the impact of central bank policies on the global economy, emphasizing the role of interest rates and inflation targets. See more for yourself here.

Your opinion is greatly appreciated.

[bhadz]

At least he's honest with what he's saying about Bitcoin. Everyone should really get into Bitcoin and get to long with it. There are so much happening in the market and too many tokens out there being shilled by a lot of known people. I guess that we'd see more people telling to hold bitcoin instead of any other altcoins despite that there are so much altcoins that are getting into the market and they're more being popular in a short period of time.

[robelneo]

Good analysis on his part he knows what he is saying when it comes to monetary things, so coming from a guy who is a former founder of Bitmex and knows how the world monetary system works. we should be doing what we should be doing and accumulating as much Bitcoin as possible.
A good investor should have Bitcoin a portion of his assets in Bitcoin and other top Cryptocurrencies.

[Stompix]

Since the US has stopped talking about hiking rates everyone is expecting only one thing, how much and how fast will they drop, and the longer the wait the more I'm afraid everything will be again priced in by the time they do, everyone knows they will, everyone knows what the effects are so probably we're not going to see a huge rally but more like a gentle slope.

It will be interesting what the others do at the same time, the US reducing the rates means a weaker dollar, China doesn't want a weaker dollar and with deflation being a danger for them they will try to play the same game, so the ball will be again with the FED.
Weaker currencies is good for Bitcoin but if a 15% gain comes with a 15% inflation it's not going to be that much fun!

[TomPluz]

The other day, Bitcoin failed to come up with a new ATH and right now the price is hovering around $69K while waiting for some positive developments that can eventually record a new high which am sure many BTC enthusiasts are excitedly looking for. And Bitmex Founder Arthur Hayes is quite right...and in fact am also sure that other BTC supporters are espousing for people to accumulate more of the coin all because soon it can be conquering the $100K and $150K zones. Surely, this is a great opportunity for us most especially if one has the funds to invest with the King of Cryptos for solid and profitable ROI not like if you just deposit your money in the bank where it would be gathering dust for nothing that can easily be overtaken by the onslaught of inflation.