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go long and let others take the risk, advise top crypto funders

go long and let others take the risk, advise top crypto funders

Leading Australian digital asset managers say investors should look past the volatility in the crypto market and instead look for tokens with a good track record if they want to benefit from the rising returns the asset class is known for.

“We believe you’re better off just staying long and accepting the volatility, which is quite high,” said Richard Galvin, executive chairman and chief investment officer of Sydney-based DACM, which manages about US$400 million ($585 million) in digital assets.

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