Bitcoin's Big Picture: Why Short-Term Dips Don't Matter

Bitcoin's journey has been full of ups and downs, but one expert thinks we're missing the bigger picture. Arthur Hayes, a big name in the crypto world, recently shared his thoughts on why focusing on short-term performance is a mistake.

The Current Crypto Boom

He believes the current crypto boom is just getting started. Why? Because governments worldwide are printing money like never before, and this trend is expected to continue. Hayes points out that even in the U.S., where spending programs have been huge, there's more to come.

"If things get really wild, he might cash out some profits, but for now, he thinks people are underestimating how much money will flow into crypto and other investments."

Global Changes

Hayes also sees big changes happening globally. He thinks the world is moving away from a single superpower and towards a more unstable future. In times like these, governments usually try to keep things calm by spending more and printing more money.

"He even suggests that Europe might face some serious issues, which could lead to even more money printing."

Bitcoin's Performance

But what about bitcoin? Hayes says it's doing just fine. Sure, it hit a record high earlier this year, but compared to other investments like stocks and real estate, bitcoin is still the top performer.

"He argues that when you look at things from the perspective of currency devaluation, bitcoin's strength becomes even clearer."

Patience is Key

For those getting frustrated with bitcoin's recent performance, Hayes has a message: patience is key. He believes the real power of bitcoin comes from its long-term growth, not short-term gains.

"With all the money printing expected in the coming years, Hayes thinks the current crypto cycle could last well into 2026."