Bitcoin

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 <p>Pantera Capital portfolio manager Cosmo Jiang says that the firm is expecting alt<a rel="noopener noreferrer nofollow" title="coins" href="https://thebittimes.com/tag/coins.html">coins</a> to outperform Bitcoin (BTC) by “many multiples” in the current market cycle.</p>
 <p>In a new interview with Yahoo Finance, Jiang says that the growing number of alt<a rel="noopener noreferrer nofollow" title="coins" href="https://thebittimes.com/tag/coins.html">coins</a> could entice traders to invest in crypto assets other than Bitcoin – something he noticed over the last few cycles.</p>
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 <p><em>“The investment universe in crypto is quite wide. While some investors’ journey ends at Bitcoin, it’s important to realize that digital assets are more than just that. </em></p>
 <p><em>There are 400 tokens with more than $100 million market cap and as the next cycle gets underway, we believe that – and we’ve seen over the last few cycles – that the other <a rel="noopener noreferrer nofollow" title="coins" href="https://thebittimes.com/tag/coins.html">coins</a> outside of Bitcoin really can outperform by many multiples during the different phases of the bull market.” </em></p>
 <p>Jiang goes on to say that Pantera’s game plan is to accumulate for the long term, adding that the investment firm views crypto tokens as new method of capital formation.</p>
 <p><em>“’At Pantera, we’re very long-term investors. A defining thesis for us really is that tokens are a new form of capital formation. A lot of businesses will never have a New York Stock Exchange boosted equity, they will only ever have a token… </em></p>
 <p><em>It is a very fundamental, revolutionary form of capitalism and capital formation. Our strategy then, is gonna sound really familiar to those who invest in traditional equities or hedge funds. </em></p>
 <p><em>Really the core of our strategy is finding tokens that represent protocols with real product market fit, a strong management team, [and] a business model that makes sense.”</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/altcoins-likely-to-outperform-bitcoin-by-many-multiples-according-to-pantera-portfolio-manager-tbt81809.html">https://thebittimes.com/altcoins-likely-to-outperform-bitcoin-by-many-multiples-according-to-pantera-portfolio-manager-tbt81809.html</a></p>

Altcoins Likely To Outperform Bitcoin by Many Multiples, According to Pantera Portfolio Manager

TheBitTimes

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