Part 3/3:
While Bitcoin remains the "king" of the crypto market, Pompliano acknowledges the importance of diversification. He suggests that investors look to crypto-related equities, such as Hut 8, DeFi Technologies, and MicroStrategy, as a way to gain exposure to the broader crypto ecosystem. These stocks have also seen significant gains, with some up over 150% year-to-date.
Pompliano emphasizes that the crypto market is still a volatile one, with the potential for significant drawdowns even during bull runs. However, he remains optimistic about the long-term prospects of Bitcoin and the broader crypto industry, which has seen a "bottoms-up" adoption story driven by individual investors before the arrival of Wall Street.