Marathon Digital’s CEO Recommends Monthly Bitcoin Investments for Long-Term Gains
In a recent statement, the CEO of Marathon Digital emphasized the importance of adopting a patient strategy for those interested in maximizing their profits. As Bitcoin continues to gain mainstream acceptance and institutional adoption, Thiel urges investors to invest small amounts on a monthly basis, ignoring short-term fluctuations and focusing on long-term growth.
According to data over the past 14 years, Bitcoin has only experienced three significant falls, while its average annual growth ranges from 29% to 50%. This trend suggests that it is crucial for investors to stay committed to their strategy, rather than making impulsive decisions based on short-term market volatility.
Thiel also touched upon the possibility of governments creating Bitcoin reserves, a move that could put pressure on the supply. Given the recent interest in institutional players entering the cryptocurrency space, such as BlackRock’s support for Bitcoin ETFs, it is likely that other banks will follow suit in 2025.
For investors seeking long-term gains, Thiel recommends investing consistently and focusing on the overall trend of the market rather than daily price movements.
Source: crypto-economy.com