Traders that get into Bitcoin for short-term gains stand to be disappointed by the volatility associated with Bitcoin, according to MicroStrategy’s CEO.
MicroStrategy CEO and Bitcoin evangelist Michael Saylor recently featured in an interview to share his insights into the global macro environment alongside Bitcoin (BTC) and crypto in general. Speaking about the risks related to volatility, Saylor said, “The people that invest in bitcoin as traders — and they don’t, they don’t have a technology view or the macro view — they’re always going to be disappointed because of volatility.”Matching the advice of seasoned crypto traders, Saylor cautioned viewers to invest (in Bitcoin and other cryptocurrencies) only as much as they can afford to lose. The American entrepreneur also warned investors to neither make impulsive trades based on speculations nor give investment advice to fellow traders that intend short-term retur
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