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Wu said about blockchain
Crypto Newbie
09-13 12:39
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Wu said that BitMEX co-founder Arthur Hayes, in an interview with Kyle Chasse, stated that Bitcoin investors should remain patient and not be anxious about record highs in stocks and gold. Short-term speculation and a "buy and trade for a Lamborghini" mentality will only lead to margin calls. Long-term holders are the winners. He pointed out that the S&P 500 has risen in US dollar terms, but has not yet returned to 2008 levels in gold terms. Real estate is even less valuable when converted to gold, with only some US tech stocks performing reasonably well. When measured against Bitcoin, other assets barely show a value gap, highlighting Bitcoin's long-term advantages. https://t.co/3Bv1AP4xYF
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