Pantera Founder: Pantera Bitcoin Fund's 11-year CAGR of 89%
2024-12-26 11:45:56
Dan Morehead, founder of Pantera Capital, revealed in a recent interview that the Pantera Bitcoin Fund has achieved a compound annual growth rate of 89% over the past 11 years, which means that it has doubled every year on average. Dan Morehead said that in any ordinary asset class, if an asset doubles in a year, you really should not buy it, because it may indicate an overvaluation, but Bitcoin is not the same. However, there is a very important investment principle here: your investment amount should be controlled within a range that will not affect the stability of the family even if you lose 85%.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
