ππ«π²π©ππ¨ πππππ‘ππ« π π¨π«ππππ¬π GuyΒ΄s and Dolls just in case you did not know, my friend Mike was stating the obvious last week. 200X gains are not normal and not sustainable. So if you were in Crypto for the money, you might want to consider getting out! Mike Novogratz, the billionaire founder of crypto asset management firm Galaxy Digital has warned that making more than 200X returns on crypto investments is simply βnot normal.β Speaking at the Christieβs Art + Tech Summit in New York on Wednesday, Novogratz warned listeners about the steep volatility of the crypto industry. βI had friends that had bought lots of crypto, and it had changed their lives β guys who didn't make a whole lot of money but all of a sudden had a $5 million net worth in crypto,β said Novogratz. βI shook them and I made them look me in the eye, [and] I said, βYou have to sell half or two thirds of this, it's not normal to make 200 times your money on things.ββ #crypto
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