Dragonfly Managing Partner: Current market pessimism is similar to that in 2018/2019

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According to Foresight News, Haseeb Qureshi, managing partner of Dragonfly, responded to the community's pessimistic views on the crypto market prospects. Some investors suggested that venture capital firms might suffer significant setbacks in the current cycle, believing that tokens lack buyer demand and struggle to generate substantial returns to support fund operations. In response, Haseeb, drawing from his nearly 8 years of experience in crypto investments, pointed out that similar pessimistic views had emerged during the financing period of 2018/2019. He stated that those holding a pessimistic outlook can short the market and expressed willingness to compare investment results after 3 years.

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