Multicoin Capital co-founder Tushar Jain said the current mood in the crypto market appears somewhat overheated and that he would not be surprised to see a pullback or a period of consolidation next. In his view, investors should extend their time horizon and avoid overtrading, since calling every short-term top or bottom with precision is nearly impossible. Rather than trying to time the market repeatedly, Jain said a more practical approach is to hold high-quality assets and wait for the original investment thesis to play out over time. The comments were cited by BlockBeats on Sept. 20 and frame the recent market setup as one where discipline and patience may matter more than frequent tactical moves.
BlockBeats reported on Sept. 20 that Multicoin Capital co-founder Tushar Jain said the current mood in the crypto market looks somewhat overheated, and that he would not be surprised if a pullback or a period of consolidation follows.
Jain said investors should take a longer view and avoid overtrading, as it is nearly impossible to identify every short-term top or bottom with precision. Instead of frequent market timing, he said a more workable approach is to hold high-quality assets and wait for the investment thesis to gradually play out.
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