According to BlockBeats, Arthur Cheong, the founder and CEO of DeFiance Capital, expressed his views on long-term investments on his social media platform on June 25. He stated that if an investor is optimistic about a particular asset in the long run, they should be more enthusiastic about it when its price is low, not the opposite. In the current market environment, he still believes that Ethereum (ETH) is one of the best investments in the coming months after risk adjustment.
Cheong's statement suggests a bullish outlook on Ethereum, despite the volatile market conditions. His advice to investors is to take advantage of low prices to invest in assets they believe in for the long term. This perspective is particularly relevant in the context of the cryptocurrency market, which is known for its high volatility.
Cheong's endorsement of Ethereum as a promising investment comes at a time when the digital currency market is experiencing significant fluctuations. Despite these market conditions, he maintains his belief that Ethereum, after risk adjustment, stands out as one of the most promising investments for the upcoming months. His comments provide valuable insight for investors navigating the unpredictable landscape of digital currency investments.