Bitcoin volatility will always disappoint some investors: Michael Saylor

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MicroStrategy CEO and Bitcoin Evangelist Michael Saylor recently took an interview to share his thoughts on the global macro environment alongside Bitcoin (BTC) and crypto in general.

Speaking of the risks associated with volatility, Saylor said: People who invest in bitcoin as traders and they don’t, they don’t have a technological or macro view, they will always be disappointed because of the volatility.

Following the advice of seasoned crypto traders, Saylor warned viewers to invest (in Bitcoin and other cryptocurrencies) only to the extent that they can afford to lose. The US entrepreneur also warned investors not to engage in impulse trades based on speculation or give investment advice to other traders who forecast short-term returns.

On the flip side, the entrepreneur believes that regulatory complications are the biggest threat to the crypto economy right now.

Related: 44% of Investors Expect Bitcoin to Fall Below $ 30,000 in 2021: CNBC Survey

As stronger fiat currencies like the US Dollar and Euro continue to print, Saylor speculated that Bitcoin would only get stronger, concluding:

I consider Bitcoin to be the most distributed and powerful brand of monetary asset in the world.

A recent poll of a small group of Bitcoin investors found that 44% of investors would expect the price of Bitcoin to drop below $ 30,000 while 56% expect the bull run to resume.

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