Sell in May (and we should’ve gone away)? Or a small, overdue pullback on the way to the Banana zone? Ngl, crypto sentiment right now is rough. There is a noticeable fatigue and cynicism in the crypto market, despite higher prices compared to previous years. Fortunately, we're optimistic people. The liquidity cycle will likely continue, “Banana Zone” is still incoming. Take the quiet of the summer to re-evaluate your thesis and (potentially) buy the dips accordingly. Go touch grass a bit this summer and don’t look at the charts. Zoom out. Good luck out there. Want to see all the Crypto Funding Details from June? Deals are still being made, others are still bullish. Check it out here 🫡: https://lnkd.in/gSU5mF_p
i think bitcoin ecosystem investing remains high, L2 saturation is high, VCs are tired of web3 infra (saturation), but not bitcoin infra (not enough core infra and tooling but already way too many bitcoin L2s which VCs are tiring of as well)
Paul Taylor
3w
Choppy markets mean lots of opportunities :)
Polymath ❁ Newfoundation
2wThe casino is gonna do casino things and the computer is gonna do computer things. Once the computer has a path to adoption, things will get better. Who has to courage to build and fund projects that are not just smoke and mirrors but actual business models that drive real value? Not many. The ones who do will be the big winners at the end.