Michael Saylor: Bitcoin has experienced 15 major pullbacks, but each time it has returned to higher all-time highs.

Michael Saylor, in an interview with FOX, highlighted that Bitcoin has undergone 15 major pullbacks over the past 15 years, yet each time it has ultimately reached a new all-time high. He views this volatility as a healthy and typical lifecycle for transformative emerging assets, as it helps eliminate short-term speculators, excessive leverage, and weak investors, thereby laying the groundwork for the next upward trend. Saylor emphasized that, despite the promise of AI, digital assets, and digital finance, Bitcoin remains the most crucial digital opportunity for advocates of "sound money." He asserts that Bitcoin offers a superior long-term method for wealth preservation and risk mitigation, being stronger now than ever before.

Summary

In an interview with FOX, Saylor pointed out that Bitcoin has experienced 15 major pullbacks in 15 years, but each time it has ultimately reached a new all-time high. He stated that from a long-term perspective, this volatility is typical of the life cycle of emerging transformative assets and is healthy because it clears out tourists, leverage, and weak hands, laying the foundation for the next upward move.

Saylor emphasized that while AI, digital assets, digital currencies, and digital finance are all very promising in the current economy, Bitcoin remains the most important digital opportunity for believers in "sound money."

"If you want to preserve your wealth for the long term and avoid counterparty risk, Bitcoin is stronger now than ever."

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Author: PA影音

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The article and opinions do not constitute investment advice

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