Arthur Hayes, a co-founder of BitMEX, has warned Bitcoin investors against getting-rich-quick expectations that buying Bitcoin today should easily translate to purchasing a luxury car tomorrow.
Hayes recently stated in an interview with Kyle Chasse that it appears that many supplemental investors misunderstood the nature in which Bitcoin is growing and that the impatience and short-term horizons that most folks have often lead to losses.
Hayes said, “If you thought you were buying Bitcoin and the next day you were buying a Lamborghini, you are probably getting liquidated because that is not the correct thinking.”
He encouraged newcomers to think more long-term, pointing to those who bought years ago and are “laughing” at their profits.
Patience Rewarded as Data Supports Bitcoin’s Long-Term Strength
Hayes pointed out that Bitcoin is still one of the best-performing assets of the last decade, with Curvo data showing a 10-year average annualized return of 82.4%, for instance.
He said that he understood how frustrating it is for investors who bought Bitcoin six months ago with no immediate results. Certainly, he stated, we must consider the horizon of an asset across a longer period of time.
Hayes said that what Bitcoin hasn’t done in a short time is simply a distraction because, as a whole, it is being valued more than probably any of the global assets in value appreciation.
Addressing Comparisons With Stocks and Gold
Hayes also refuted comparisons of Bitcoin, stocks, and gold securities because both conventional asset classes recently reached all-time highs.
Gold at $3,674, and the S&P 500 at $6,587, this week alone.
In comparison, Bitcoin has reached prices just below its most recent all-time peak of $124,100 set in mid-August, but was trading for $116,007 when Hayes published his market analysis.
Hayes dismissed the notion that Bitcoin is trailing and called its basis in considering the growth of conventional asset prices “flawed,” and reminded people that even today, Bitcoin is still the best-performing asset in nations undergoing global currency debasement.
He said that even though the S&P 500 is strong even in dollar terms, the S&P on an absolute date value hasn’t recovered diminished rights when tied to gold since 2008.
Also Read: BitMEX Co-Founder Arthur Hayes Says Trump’s Tariffs May Fuel Bitcoin Rally
“Bitcoin’s Performance Is Ridiculous”
During the discussion, Hayes pointed out the outsized performance of Bitcoin relative to other asset classes.
He claimed that when you compare traditional markets against Bitcoin, we are essentially flat.
“If you deflate everything by Bitcoin, you can’t even see it on the chart; it is just so ridiculous about how well Bitcoin has performed,” he stated.
Hayes went on to say that even the big U.S. tech firms, which have had impressive performance, look like nothing (in actual dollar amounts) compared to the decade-long price appreciation of Bitcoin.
He then reiterated his bullish view when he pointed to his previous prediction from April 2025, stating that Bitcoin could hit $250,000 before year-end, while other analysts have pointed to a similar price on top of the upcoming Ethereum Shanghai Upgrade.
Also Read: Crypto Influencer Arthur Hayes Dumps $ATH at Loss, Shifts Focus to $ENA Amid 11% Plunge
Hayes’ Long-Term Bitcoin Vision
Despite short-term market considerations, Hayes continues to project a daring long-term future for Bitcoin.
In April, he told investors to “go long everything” and forecasted that Bitcoin would hit $1 million by 2028.
Hayes’ forecast depends on his expectation of more U.S liquidity, further financial instability, and changes in monetary, fiscal, and regulatory policy that will drive investors into riskier assets, according to UnoCrypto.
Hayes maintained that Bitcoin’s assertive price behavior and delivery is the ultimate hedge against currency devaluation and market volatility.
By insisting on patience and perspective, Hayes encouraged investors to look past short-term pricing data and instead focus on what Bitcoin could economically change in the coming years.
Also Read: Crypto Influencer Arthur Hayes Backs WORM Memecoin Amid 179% Price Rally