Bitwise CEO: Crypto investors should focus on fundamentals and annual timeframes rather than short-term price fluctuations

robot
Abstract generation in progress
Golden Finance reports that on June 8th, Hunter Horsley, CEO of Bitwise, posted on the X platform stating that everyone in the crypto industry needs to take a longer-term perspective. Unless you are a short-term trader, as an investor, there is no need to obsess over weekly news or pay too much attention to monthly price fluctuations. Instead, you should focus on fundamentals and a yearly time horizon.
Pay close attention to user adoption and actual usage, on-chain technologies that have found product-market fit (PMF), the integration, development, and product launches by large enterprises and institutions in the field, as well as team quality and execution capabilities.
These are the truly important fundamentals. Market development will not be a straight upward trajectory, but from 2022 to 2026, the fundamental progress and technological development of the crypto industry have undoubtedly achieved a leap forward. It’s important to recognize that this is a long-term game. If the direction is correct and fundamentals continue to improve, the ultimate outcome (price performance) will naturally follow.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned