You say crypto has low correlation. Why?
Replied byDan Moorehead
Founder & CEO at Pantera Capital
Niche: Technology, Finance, Cryptocurrency
Revenue: $1M+/month
Location: USA
Started: 2015 or
Smart money does not own it. Most institutions have 0.0 risk in crypto. When they cut risk across the board they have no crypto to sell. Over long periods correlation stays low. Short term shocks can move everything together.
0
From the Full Interview
This answer is part of a full interview with Dan Moorehead, Founder & CEO at Pantera Capital.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Dan Moorehead's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
Why are safety and standards so important?
By Paul Guyett
Retail
$1M+/mo
Did your childhood environment play a role in fostering your entrepreneurial drive?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
What inspired you to begin formulating a prebiotic beverage in your kitchen?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
What did you learn from the farmers market feedback loops for early flavor testing?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
How did your experience in the oil and gas industry help prepare you for entrepreneurship?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
Why do you advise early-stage startup founders against opening their own manufacturing facilities?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
How did you manage the severe financial pressures and risks during the early years?
By Allison Ellsworth
Retail
Approx. $42 Million/mo