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Dragonfly Managing Partner: Current market pessimism is similar to 2018/2019

Haseeb Qureshi, managing partner of Dragonfly, echoed the community's pessimistic tone about the outlook for the crypto market. Some investors have said that venture capital institutions may be hit hard in the current cycle, believing that the tokens lack buyer demand and struggle to generate significant returns that can support fund operations. In this regard, Haseeb pointed to his nearly 8 years of experience in the crypto investment field, noting that similar pessimism had arisen during the 2018/2019 fundraising. He said that pessimists can short the market and expressed his willingness to compare investment results after 3 years.