Placeholder Partner: High-quality crypto assets may see "100x returns" similar to those of US tech giants in the coming decades.

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MarsBit
11-30
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According to Mars Finance, on November 30th, Chris Burniske, former head of crypto at Ark Invest and current partner at Placeholder VC, stated: "Since January 2002, equally weighted allocations of Amazon, Apple, Microsoft, and Nvidia have yielded returns exceeding 100x. In the coming decades, some high-quality mainstream crypto assets may also experience similar, publicly available, and liquid historic opportunities. While it's reasonable to reduce positions appropriately during periods of extreme market euphoria, holding the majority of your portfolio long-term will remain the most crucial skill."

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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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