Willy Wu warned the community from the myth that Bitcoin will always demonstrate endless growth.
“People think that bitcoin is a magical unicorn that flies on the lunar rays to infinity. But in fact, since 2020, when corporations and states entered the game, the annual growth rates (CAGR) have fallen from more than 100% to 30-40% and continue to decline, ”the analyst said.
According to him, as a new macroeconomic asset over the past 150 years, the first cryptocurrency will continue to absorb capital from the market until it reaches balance.
Wu noted the opportunity to enjoy the trip for 15-20 years, since no publicly affordable investment product can compare with the long-term performance of bitcoin, even if its average annual growth rate continues to decline.
Earlier, Willy Wu said that the fourth halving first cryptocurrency was a unique phenomenon, and called on young people to invest in Bitcoin.
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.