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Jan 29
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AVOID
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Ryan Watkins
Co-founder, Syncracy Capital
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Watkins admits, "We're still figuring out what is the point of this stuff... it could actually be another 3 to 5 years." These sectors are currently in the "trough of disillusionment." Unlike DeFi/Perps which have current PMF, these sectors require a longer gestation period for technology and consumer behavior to align. The opportunity cost of holding these assets is high compared to productive crypto assets. Avoid for now. Wait for signs of life before re-entering. A breakout hit game or viral NFT trend could spark a localized rally. |
Unchained (Chopping Block)
Why Crypto Expectations Are Low but the Poten...
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