I just saw how a balanced crypto portfolio would have performed during 2025. If someone had invested an equal thousand dollars in Bitcoin, Solana, Ethereum, and Avalanche at the beginning of the year, they would have ended up with about $680-$710 by the end of December. Basically a loss of nearly 30%.

The interesting thing is that the performance was quite varied. Bitcoin barely dropped between 6-8%, Ethereum fell 12%, but Solana was hit harder with -36% and Avalanche was the worst in the group with -66%. Clearly, it wasn't a good year for most.

Now, Anthony Scaramucci, the guy behind SkyBridge Capital, continues to strongly bet on this space for the long term. According to his statements, more than half of his net worth is concentrated in Bitcoin and he has a significant position in Solana. So despite these red numbers in 2025, the guy didn't change his mind. That says something about how some investors view the crypto cycle, doesn’t it?