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VCs regret missing Bitcoin's 80x gain over 10 years, favoring major Layer 1 cryptos like Ethereum and Solana now.

Market News
20 Oct 2026
Bitcoin
View Source
Bullish
VCs regret missing Bitcoin's 80x gain over 10 years, favoring major Layer 1 cryptos like Ethereum and Solana now.

Tom Lee of Fundstrat highlights that many venture capitalists regret not simply holding Bitcoin, which rose about 80 times from under $1,000 to around $80,000 in the past decade. This shift challenges the belief that early-stage crypto investments outperform holding dominant assets. Lee advises investors to maximize exposure to major Layer 1 blockchains such as Bitcoin, Ethereum, and Solana, as these networks are expected to capture significant value in the current cycle. The focus is moving from chasing startups to betting on the largest, most durable crypto networks for long-term returns.

Bitcoin's market cap stands at Rp29.441,64 trillion as of Oct 20, 2026, 18:52 WIB, highlighting its dominant position in the crypto market. On Pluang, Bitcoin trades at Rp1.469.236.765 with a 1-day decline of 0.97%, while Ethereum and Solana have market caps of Rp5.225,51 trillion and Rp1.100,62 trillion respectively. This data underscores the significant scale of these Layer 1 blockchains that Tom Lee recommends for long-term exposure.

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