Three Arrows Capital CEO/CIO: Crypto investment depends on long-term trends to buy assets you really believe in

Comparing the news, Su Zhu, CEO and CIO of Three Arrows Capital shared his investment experience on Twitter. He said, “In the short term, you may feel that all tokens are related, but this is definitely not the case in the long run. The attached picture is a picture taken in May 2018 to check the prices of those high-capitalization tokens at the time and compare them with the present. Some are up more than 5 times, some are flat, and some are down more than 50% to buy assets you really believe in”.

The accompanying picture shows that Bitcoin was $9125 ($4.75 million at press time); Ethereum price was $734.93 ($3391 at press time); ADA $0.32 ($2.78 at press time); BCH $1550 ($643.07 at press time); EOS $17.55 ($5.06 at press time); ETC $21.91 ($64.47 at press time); LTC $156.21 (at press time) (time of press time) $172.56); XRP $0.79 ($1.20 at press time). Among them, BCH fell by nearly 60% and EOS by more than 70%.