Arthur Hayes, the visionary co-founder of BitMEX, has identified the current season as the perfect window for investing in crypto.
Let’s explore everything he said in detail below.
Inflation vs Crypto
“Those people who have fiat and extra cash that want to allocate to crypto, this is the perfect opportunity to do so,” Hayes said in an interview.
Amidst a market that is consolidating prices, Hayes advises that those with disposable fiat currency should seize this chance to diversify into cryptocurrencies.
Arthur Hayes On Investing In Crypto
“When you control the purse of the government, it’s very easy to do so by printing money, borrowing it, and handing it out to people in various forms,” says Hayes.
A Bullish Symbiosis- The forecast by Hayes is based on the assumption that inflationary monetary policies which will persist as global economies continue to print money are what will drive Bitcoin and the broader crypto market to new levels. It is expected that cryptocurrencies’ value would be positively affected by an increase in money printing within 18-24 months.
“When you control the purse of the government, it’s very easy to do so by printing money, borrowing it, and handing it out to people in various forms,” says Hayes.
Strategic Move by BitMEX’s Co-Founder
A Strategic Move by BitMEX’s Co-Founder Supporting Hayes’ optimistic outlook are the recent market trends that show Bitcoin maintaining a steady position around the $60,000 mark. This stability, along with a predicted rise in dollar liquidity due to shifts in the Federal Reserve’s policies, suggests a gradual yet consistent increase in cryptocurrency valuations. Moreover, the precedent set by the FDIC’s handling of the First Republic Bank’s collapse hints at potential future policies that could further enhance the appeal of Bitcoin’s finite supply.
Conclusion:
In a world grappling with inflation, cryptocurrencies appear attractive as an investment. The current season for those looking to invest in the ever changing and dynamic crypto landscape is one like no other since there are experts of Arthur Hayes.
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Disclaimer: This post is intended solely for informational purposes and should not be taken as legal, tax, investment, financial, or any other form of advice. Although all the information provided is true to the best of our knowledge, it is advisable to research well before making any kind of investments or decisions in general. The team of ReadingCrypto bears no responsibility in the event of any adverse outcomes.
