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Yi Lihua: Missed Out on 15x Gain After Panic Selling SOL Bought at $20 in July 23 Years Ago
Summary: In a recent post, Yi Lihua, founder of Liquid Capital (formerly LD Capital), revealed that investing is mostly about waiting, not just about buying low but also having the patience to see the final outcome. Yi's team released a research report on SOL on July 26, 23 years ago, and established a position near $20, ...
In a recent post, Yi Lihua, founder of Liquid Capital (formerly LD Capital), revealed that investing is mostly about waiting, not just about buying low but also having the patience to see the final outcome. Yi's team released a research report on SOL on July 26, 23 years ago, and established a position near $20, believing strongly in the undervalued SOL ecosystem and value. However, with the continuous emergence of FTX OTC news, panic set in and they quickly liquidated below $50, missing out perfectly on the subsequent highest 15x gain. Investing and trading may seem easy, but the start-process-result is the most challenging part, a huge test against human nature. Apart from those who always seem to predict market movements accurately, no one can truly predict short-term fluctuations or how long the waiting process will be.
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Link: Yi Lihua: Missed Out on 15x Gain After Panic Selling SOL Bought at $20 in July 23 Years Ago [Copy]
