‍Arthur Hayes Advises Bitcoin Investors: Patience Over Quick Riches
BitMEX co-founder Arthur Hayes urges Bitcoin holders to adopt a long-term perspective, cautioning against the "Lambo" mentality of expecting overnight wealth. He highlights Bitcoin's historical average annualized return of 82.4% over the past decade, emphasizing its strength as a hedge against currency debasement rather than a short-term speculative asset. Hayes posits that when deflated by Bitcoin, other assets show significantly weaker performance, underscoring BTC's superior value proposition.