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Arthur Hayes reveals the perfect time to invest in crypto

Sat 11 May 2024 ▪ 3 min read ▪ by Luc Jose A.
Getting informed Trading

While most crypto markets continue to fluctuate wildly, BitMex co-founder Arthur Hayes insists on the imminence of the next bull run. Relying on macroeconomic factors and predictions about the impact of the US presidential elections on the markets, the expert reveals that the ideal time to accumulate cryptocurrencies is now. More details to follow.

Crypto :

“The ideal time to accumulate cryptocurrencies is now,” says Hayes

Since the last BTC halving, most cryptocurrencies continue to see-saw. While some investors firmly believe in an imminent bitcoin rebound, others continue to waver. So, what is the right time to invest in cryptocurrencies this year?

This question has been answered by crypto expert Arthur Hayes, co-founder of BitMex, in a recent interview. In his speech, Arthur Hayes addressed all “people who have extra currencies and liquidity and wish to allocate them to cryptocurrencies.” For him, the best time to accumulate cryptocurrencies is now. The expert then lists the key factors that, in his opinion, could trigger the next bullish phase of the market.

The factors that will trigger the next rise in cryptocurrencies

The BitMex co-founder noted that several macroeconomic factors will trigger an upcoming rise in prices. He particularly refers to US monetary expansion policies that have historically triggered increases in the crypto markets. According to the expert, “the major economies of the world will print even more money by, say, the next 18 to 24 months”.

Arthur Hayes believes that the next US presidential elections will serve as a catalyst in the financial market. For him, finance authorities are likely to ease monetary policies to favor President Joe Biden’s reelection.

He thinks they might be urged to “print money, borrow it, and distribute it to people in various forms,” since they control the government’s finances. A good portion of this money could end up in cryptocurrencies for speculation purposes.

So, if the crypto market is currently fluctuating, the next bullish phase should start in the coming months, more specifically in the summer. Arthur Hayes maintains that it’s now, during the price consolidation period, that one should accumulate cryptocurrencies.

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Luc Jose A. avatar
Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.