Bitmax co-founder Arthur Hayes suggested the ideal time to dive into digital assets. According to him, it is the ideal time to make a crypto investment before the market enters into a second bull run.
According to Arthur Hayes, this summer is the ideal time to invest in crypto, before the next phase of bull run spikes the market.
“Those people who have fiat and extra cash that want to allocate to crypto, this is the perfect opportunity to do so,” .
Hayes said this in an interview with Cointelegraph while talking about the current volatile market.
According to him, inflationary monetary policies will play a vital role in pushing Bitcoin to the moon, and the other meme coins in the last quarter of 2024. “Major economies around the world are going to print even more money between now and, say, the next 18 to 24 months’’, he predicts.
According to the co-founder of BitMEX, upcoming presidential elections in the United States will have a positive impact on the Crypto market. To re-elect the current president, the country‘s present
Looser monetary policies might motivate financial authorities to introduce them. This policy helps to make money more easily and might also impact the crypto market.
“When you control the purse of the government, it’s very easy to do so by printing money, borrowing it, and handing it out to people in various forms,” Hayes explained