Arthur Hayes, founder of BitMEX and Maelstrom, believes that as long as fiat money continues to flow, your crypto investments are safe. Hayes has made several market predictions, some of which have been correct and some incorrect. However, he believes that his predictions don't matter in the grand scheme of things. Hayes argues that the trend favors crypto as central banks continue to print more money to maintain economic stability. He predicts that we are on the edge of a massive reset and the value of Bitcoin will continue to rise as fiat becomes more worthless. Hayes advises individuals to acquire as much Bitcoin as possible and to avoid using leverage. While there are risks involved, Hayes believes that Bitcoin will fare better than traditional assets in the event of a system reset.
- Content Editor ( cryptopolitan.com )
- 2024-09-26
Arthur Hayes says as long as fiat exists, your crypto investments are safe