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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TL;DR
Chris Burniske predicts high-quality crypto assets could see 100x returns like top tech stocks, emphasizing long-term holding as key despite occasional profit-taking in euphoric markets.
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crypto assets100x returnslong-term investmentChris Burnisketech stocks
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."