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Buy & HODL Will Overturn Bad Image Of Bitcoin And Strengthen Its Fundamental Value, Says Morgan Creek CEO

Mary Liu

Summary: Mark Yusko, Morgan Creek CEO today presents his idea about recent negative news of Bitcoin on Twitter, says: "Investors are long-term holders focused on Value & Speculators are short-term holders focused on Price." Yusko believes although regulatory threats do cause short-term panic and negative effects, the long-term results of Bitcoin will not change. It is ...

Mark Yusko, Morgan Creek CEO today presents his idea about recent negative news of Bitcoin on Twitter, says: "Investors are long-term holders focused on Value & Speculators are short-term holders focused on Price." Yusko believes although regulatory threats do cause short-term panic and negative effects, the long-term results of Bitcoin will not change. It is a global, borderless, decentralized network that the negative or bad things will finally accelerate the development of its networks and decentralized systems. Yusko suggests people no need to "run out" of the market when price dumps, as the fundamentals of Bitcoin strengthen, long-term holders who focus on value are more likely to succeed.

By Mary Liu

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