Founder of Pantera: The Pantera Bitcoin Fund’s compound annual growth rate in the past 11 years has reached 89%
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2024-12-26 20:03 5,336
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Golden Finance reported that Dan Morehead, founder of Pantera Capital, revealed in a latest interview that the Pantera Bitcoin Fund’s compound annual growth rate in the past 11 years has reached 89%, which means it is doubling every year on average. Dan Morehead said that in any ordinary asset class, if an asset doubles in a year, you really shouldn't buy it because it may indicate overvaluation, but Bitcoin is different. However, there is a very important investment principle here: your investment amount should be controlled within a range where even a loss of 85% will not affect the stability of your family.