For those of you who are still unsure about where we are in the cycle, we are firmly in a bull market now. Private deal space is getting hyper competitive for infra deals even large ticket sized ones. Serious signs of FOMO appearing and there is a frenzy to deploy. https://t.co/GWsK3VZph9
Given the relative lack of euphoria and number of friends asking me lately if this $BTC rally is over-extended, I can feel that a decent number of crypto natives are still sidelined not fully allocated.
Crypto tourist who left crypto at the depth of bear have only started to reinitiate their research on this sector again.
We have the most favourable macro backdrop + clear catalyst + objectively growing demand since 2020 so it's generally not worth trying to time that 20% correction now when the upside are clearly multiple times of that.
Often crypto reprices faster you can react, don't sell yourself short after surviving through one of the worst bear markets of crypto.
1/ A decision relating to @DeFianceCapital's lawsuit against 3AC in Singapore has just been made public and contains some interesting points around the treatment of cryptoassets and trust relationships.
For context, I have been working with @arthur0x on this for the past year.