Home
中文
English
日本語
한국어
Français
Deutsch
Español
Русский
العربية
Português
Italiano

Michael Saylor: Reduced volatility in Bitcoin is beneficial to large institutional investments, but will disappoint thrillers

Source: PANews
PANews September 20th news, Strategy executive chairman Michael Saylor said in YouTube's Coin Stories podcast that lower Bitcoin volatility favors "large institutions" but will disappoint those who rely on price fluctuations to seek thrills. "You want volatility to decrease so that large institutional investors can enter the field with peace of mind and make large-scale investments. The problem is that if volatility decreases and large institutional investors enter, the market will become boring for a while, and precisely because the market is boring for a while, people's adrenaline surge will also fall, and they start to be a little bearish." Michael Saylor said this is a “growth phase” of Bitcoin and a natural part of its life cycle, and volatility “gradual decline” is a good sign.
Link copied to clipboard