Castle Island Ventures co-founder: Lack of attention and other factors led to the cryptocurrency decline; suggests decoupling from sentiment.

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PANews reported on November 16th that Nic Carter, co-founder of Castle Island Ventures, tweeted, "2025 being 'worse' is no irony, because while 2022 also had its share of bad things, cryptocurrency was at the center of attention and in the spotlight. Today, retail investors are focused on data centers, quantum computing, and rare earth stocks. The cryptocurrency downtrend isn't based on any catalyst, but simply on market weakness, a lack of attention and buyers, and the lingering effects of the DAT incident. This doesn't mean it's all over; it just means the concepts of 'four-year cycles' and 'alt season' are outdated. To make money, you have to truly create value, which is a significant challenge for many."

Nic Carter advises, “Decouple yourself emotionally from cryptocurrency and don’t put too much pressure on yourself to ‘succeed’ in ‘this cycle.’ Real life isn’t like that. The price movements of cryptocurrency over the past decade have blinded you. That won’t happen again. Achieving your goals requires creating products and delivering real value.”

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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