Placeholder Partner: Narrow investor attitudes swing based on the performance of the tokens they hold. To avoid this problem, you need to go long on high-quality tokens

Chris Burniske, partner at Placeholder, said in an article on X: “People who invest narrowly tend to act fairly when their tokens perform well. Then, when their tokens perform relatively poorly, they remain silent or deal with it hastily… This is seen in every cycle. The key to avoiding this pathological situation is to be long all high-quality tokens.”