Running crypto businesses is a difficult journey that is not for the faint of heart. However, according to Stephen Ehrlich, the co-founder and CEO of Voyager Digital, patience is the key, and the rewards will come in the long run.
Many have invested time and money in developing crypto-related businesses. Reports detailing 2021 show that over $30 billion worth of investments flowed from venture capitals. Ehrlich told Cointelegraph that these VCs and private companies would definitely be rewarded long-term for their faith in crypto. Moreover, he also believes that investors in public companies will also reap rewards.
“In 2021, Bitcoin outperformed all major asset classes, one-upping crude oil, NASDAQ, the S&P 500, and gold. Moreover, the number of ‘hodlers’ is trending in a positive direction, signaling crypto’s long-term viability.”
The co-founder of the publicly-traded crypto trading platform also notes that the overall growth of the crypto ecosystem manifests in the…