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Tom Lee: BTC has increased 100x since our initial client recommendation, and ETH is now entering a similar super-cycle.
BlockBeats News, November 16th. Ethereum's first hodling institution, Bitmine's Board Chairman Tom Lee, stated: "Bitcoin is a high-volatility asset. We first recommended Bitcoin to Fundstrat clients in 2017 (1%–2% allocation) when Bitcoin was around $1,000."
Since then (over the past 8.5 years), BTC has experienced: 6 drops of over 50%, 3 drops of over 75%. By 2025, Bitcoin has risen 100 times compared to when we first recommended it.
To profit from this 100x super-cycle, one must hodl during those moments that seem like it's going to zero. The price of crypto assets reflects a massive future vision, so any doubt will bring about significant fluctuations. We believe ETH is embarking on a similar super-cycle."
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