Placeholder Partner: High-Quality Crypto Assets Could See a "Hundredfold Return" Opportunity Similar to US Stock Tech Giants in the Coming Decades
BlockBeats News, November 30th, former Ark Invest crypto lead and current Placeholder VC partner Chris Burniske said: "Since January 2002, an equal-weight allocation to Amazon, Apple, Microsoft, and Nvidia has returned over 100x."
"Over the next few decades, some high-quality mainstream crypto assets may also see similar, publicly liquid and historic opportunities. It is reasonable to reduce exposure during times of extreme market exuberance, but the most critical ability remains long-term holding of the majority of positions."
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