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Yi Li Hua: Bought the dip on SOL in July 23 for an average price of $20, panicked and sold at the bottom, missing out on a 15x gain
BlockBeats News, January 9th, Liquid Capital (formerly LD Capital) founder Daniel Li posted, stating, "Investment mostly involves waiting. It's not just about buying the dip at the right time, but also about being patient to see the final outcome. Our research team released a report on SOL on July 26, 2023, and we accumulated a position near $20, expressing strong confidence in the SOL ecosystem and believing its value was underestimated. However, as FTX's private sale news kept coming out, panic set in, and we quickly liquidated below $50, perfectly missing out on the subsequent 15x price surge."
Investing and trading may seem easy, but in reality, the beginning-process-result is the most challenging part. It's a significant test against human nature. Apart from those who talk big and coin influencers who seem to predict every market move correctly, no one can truly know how short-term fluctuations will play out and how long the waiting process will be."
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