Is There a Bear Market for Altcoins?

Jesse: My timing of setting up my altcoin fund couldn't have been worse at the end of the day. I was trying to set it up in summer 2017 and finally got it open December 2017 or right at the top. So my investors who got in those first few months just got crushed in the altcoins bear market of 2018. And so for me to switch from, all right, this strategy clearly was the wrong one to be in over this timeframe in particular. But and then switch to a Bitcoin focus was an easier sell. It's interesting because Bitcoins actually got these properties that we can we can count on playing out. Made sense and was different from the speculative altcoin play

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