Michael Saylor's latest interview: The four-year cycle is dead, the biggest problem in the market is "being too impatient"

robot
Abstract generation in progress

In the latest interview, Michael Saylor directly dismissed the significance of “short-term predictions.” He pointed out that attempting to judge the success or failure of Bitcoin within a hundred days or even a few months is itself a misjudgment.

Saylor used a very straightforward way to remind the market: almost no significant human achievement is completed within a hundred days. You cannot build a successful company in a hundred days, nor can you accomplish a truly world-changing endeavor in that time. If everything in human history had to show results by day 93, the outcome would be—nothing would exist.

In his view, the core spirit of Bitcoin is low time preference. As an investor, at least a four-year time horizon is needed; and if you are promoting an idea or a long-term transformation, ten years is a reasonable expectation.
Therefore, judging whether Bitcoin is successful based on price fluctuations over ten weeks or ten months is itself a misdirection.

BTC1.76%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)