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As for how Galaxy Digital (GLXY) and others might navigate the next bull market, Novogratz says to “fight the impulse to be so greedy.” Those who got into Luna early enough had an easy 300X return, he said, and that’s just not reality in the markets. “When ecosystems go real fast, there’s a reason for it. Know what you are investing in. You don’t get 18% for free.”
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