Part 5/6:
Bitcoin: A Volatile But Promising Asset
The conversation shifted towards the cryptocurrency market, with specific focus on Bitcoin. Lee described the recent decline in Bitcoin's value as a normal correction within a volatile environment, pointing out that it was down roughly 15% from its highs. He likened this movement to the overall global liquidity landscape and anticipated that Bitcoin could stabilize around the $70,000 mark, although it could fall as low as the $50,000s.
When addressing the question of whether current prices are a good entry point for potential investors, Lee pointed out that Bitcoin should be viewed from a long-term investment perspective. He underlined the importance of patience for new entrants, cautioning against the temptation to time the market.