Yi Lihua, founder of Liquid Capital, acknowledged having sold his SOL positions prematurely, missing out on a maximum 15-fold increase in value.
Liquid Capital began building its position around $20 following a research report published on July 26, 2023, when the team believed the SOL ecosystem was undervalued and had strong growth potential.
Later, news about FTX OTC shares caused concern, and the team liquidated their positions below $50, missing the opportunity to capitalize on the subsequent surge.
Yi emphasized that most of investing is about waiting—not just getting the timing right when buying at the bottom, but also having the patience to hold a position until reaching the final outcome. He noted that investing and trading are more difficult than they appear, as they require controlling emotions and resisting the pressure of short-term fluctuations.
The Liquid Capital executive warned that beyond analysts and crypto commentators who predict price movements, no one can reliably anticipate the duration of the waiting period or the short-term ups and downs of the market. The experience highlights patience as a critical factor for maximizing returns.
Source: https://x.com/Jackyi_ld/status/2009582349705769021
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