Ryan Watkins, co-founder of Syncracy Capital and former Messari research analyst, predicts that the digital asset market will outperform for a long time.
Changes in the Crypto Market
Watkins notes that factors such as the emergence of crypto-based exchange-traded funds (ETFs), projects proving market fit and use cases, and the US government’s support for the industry are changing the digital asset market.
Ryan Watkins: “Most people would do well to delete the words ‘cycle’ and ‘subseason’ from their vocabulary.”
Long Term Bull Market Prospect
Watkins states that these changes will lead to a long bull market that will test the patience of investors. Adding that current Twitter sentiment is overly dramatic, Watkins notes that the next long bear market will be higher than expected but will take longer to reach.
Ryan Watkins: “Current Twitter sentiment is overly dramatic.”
Increasing Diffusion in Digital Assets
Watkins, who thinks that the increase in the number of coins traded in the market contributes positively to the sector, says that this situation will force participants to be more careful in their investment choices in order to make a profit.
Ryan Watkins: “Dispersion is good. “As the asset class matures, it will become harder to take ridiculous assets and make incredible multiples.”
Watkins said active management will gain importance as the asset class matures and opportunities arise in Bitcoin. $93,857.8He emphasizes that it will shift beyond .
Stating that the changing market structure, maturing projects and the new regulatory paradigm have made the crypto market fundamentally different, Watkins states that the simplified models of the past are becoming obsolete day by day.
Stating that the crypto market will continue to fluctuate, but it is fundamentally a different game, Watkins states that speculative booms in the sector will continue, but they must now be supported by more selective and conscious investments.
It is emphasized that in developing market conditions, investors need to update their strategies and make more informed decisions.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.