BitMine chairperson Tom Lee said in a social media post that bitcoin is a volatile asset. His company first recommended bitcoin to customers (1% -2% allocation) in 2017, when the price of BTC was around $1,000.
In the past 8.5 years, BTC has experienced six declines of more than 50% and three declines of more than 75%. By 2025, Bitcoin has risen 100 times compared to when it was first recommended. TomLee pointed out that to benefit from this 100x super cycle, investors must hold on at critical moments.
He explained that cryptocurrency prices reflect huge expectations for the future, so skepticism creates volatility. Tom Lee believes that ETH is currently embarking on the same super cycle, but emphasizes that the upward path is not a straight line.
TomLee: Bitcoin rose 100 times, Ethereum will start the same super cycle
2025-11-16 15:51:29
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