BitMEX CEO Arthur Hayes sent a bold message to crypto enthusiasts in a recent tweet, urging them to take advantage of the bullish opportunities in the crypto market. With his natural wit and confidence, Hayes argues that now is not the time to be bearish on cryptocurrencies.
Instead, he suggests a “buy the edge” approach, highlighting the significant profit potential of crypto assets.
Hayes' long-term investment strategy
Mr. Hayes first emphasized the macroeconomic background, emphasizing the significant injection of liquidity through fiat currency policy.
Furthermore, Hayes points out that there is currently a large amount of regular money in circulation, which is contributing to the rise in the value of Bitcoin. He believes this situation will continue as large government debts become an issue.
Addresses recent market events such as the April 15 US tax payment and the recent Bitcoin halving. Hayes predicts that the weakness observed in the market during this period will quickly subside and the market will return to strength.
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left curve strategy
Taking the analysis further, Hayes emphasized the importance of “left-curve” investing. This means focusing on buying and holding in bull markets rather than timing the market. He cautioned against following traditional market thinking and encouraged making the most of the potential of the current market cycle.
Hayes acknowledged that early investors made impressive profits, citing examples such as Solana's impressive rise from less than $10 to $200. However, he stressed the importance of maximizing profit potential during a bull market and urged investors to embrace market trends for “buy the trend” (BTFD).
Looking ahead, Hayes remained confident that the bull market would continue, driven by major economic trends such as more money printing and potential government debt problems. He advised investors to stick to his company's strategy and take advantage of ongoing market trends.
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Hayes predicts BTC will reach $1 million
Previously, Coinpedia reported that Arthur Hayes predicted that Bitcoin price would skyrocket to $1 million. At the moment, Bitcoin is trading at $66,630.05, showing a slight decline over the past 24 hours. The company's market capitalization reaches $1.31 trillion.
As the cryptocurrency story gains momentum, Hayes' message serves as a timely reminder for investors to seize the opportunities presented by current market conditions.
