💔 Crypto funds appeal for patience after market rout
Cryptocurrency fund managers are asking for investor patience, according to a report from the Financial Times. While 2017 saw a market wide boom, 2018 saw a market wide slump. One fund FT investigated, Pantera Digital Asset, a large player in the field, took a 77% nosedive in the first ten months of 2018. A December letter to investors further asked Pantera clients to "reflect and re-evaluate the thesis behind utility tokens."
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