Is the crypto winter hiding golden opportunities? According to Arthur Hayes, co-founder of BitMEX, savvy investors should start to bargain hunt for altcoins right now. While the broader market recovery may be slow, Hayes argues this is precisely the moment for those who understand risk and value to act. In a recent essay, Hayes presented a contrarian view.
He acknowledges that most altcoins are ailing and a full recovery will take time. However, he stresses that this creates a unique window. Investors skilled in capital preservation and exchange mechanics can find deeply undervalued assets. The key is selective, informed action, not blind speculation.
Hayes puts his money where his mouth is. He specifically named Ethena (ENA) as his most preferred altcoin opportunity. He has personally invested in the project through his family office, Maelstrom. This endorsement highlights his strategy: identifying specific projects with strong potential amidst the broader market weakness.
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