Dan Morehead, the founder of Pantera Capital, revealed in a recent interview that the annual compound growth rate of the Pantera Bitcoin Fund has reached 89% over the past 11 years, meaning it has doubled on average every year. Dan Morehead stated that in any ordinary asset class, if an asset doubles in value within a year, you really shouldn't buy it, as it may indicate overvaluation, but Bitcoin is different. However, there is a very important investment principle: your investment amount should be limited to a range that, even if it loses 85%, will not affect the stability of your family.