💬 “Historically, every time we’ve seen this kind of global economic panic, crypto has initially gone down but ended higher over the next year”
This is what Matt Hougan, chief investment officer at Bitwise, specifies in a research note.
“If you’re like most crypto investors, you’ve been through a brutal wave of emotions, including fear or despair. For many, the emotion that hits hardest is something like anger.”
As a reminder, yesterday Bitcoin fell below $50 ,000 for the first time since February.
“But my real advice is to ignore the short term and look down. Bitcoin is a volatile asset, with big ups and big downs. It always has been and will continue to be for some time.”
https://experts.bitwiseinv...
This is what Matt Hougan, chief investment officer at Bitwise, specifies in a research note.
“If you’re like most crypto investors, you’ve been through a brutal wave of emotions, including fear or despair. For many, the emotion that hits hardest is something like anger.”
As a reminder, yesterday Bitcoin fell below $50 ,000 for the first time since February.
“But my real advice is to ignore the short term and look down. Bitcoin is a volatile asset, with big ups and big downs. It always has been and will continue to be for some time.”
https://experts.bitwiseinv...
The Crypto Market Sell-Off: What Happened and Where We Go From Here | Bitwise Investments
Access exclusive crypto insights and tools for professional investors.
https://experts.bitwiseinvestments.com/cio-memos/the-crypto-market-sell-off-what-happened-and-where-we-go-from-here?_hsmi=318771500
8 months ago
