> Over the past year I've seen a serious decline in early stage angel investment. Awful? Yes, the bubble will probably pop at some point.. however, from a risk

> Over the past year I've seen a serious decline in early stage angel investment. Awful? Yes, the bubble will probably pop at some point.. however, from a risk reward PoV, over the last few years it seemed more likely to be able to 10x your money in crypto than it was to make a successful angel investment. Getting into the good deals is hard without a proper network in place and most angel investments fail. I think it's normal people reallocate to the more interesting opportunity available at a certain point in time. No point in throwing money at bad ideas if you can't get into the interesting deals. Once most of the crypto gains have been made, this will shift again. If the fed sets up another QE programme, more money will flow into the stock market, etc.