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Yili Hua: Bought SOL at an average price of $20 in July 2023, then panic sold, missing out on a 15x increase.
On January 9th, Liquid Capital (formerly LD Capital) founder Yi Lihua posted that “Most of investing time is spent waiting. It’s not just about catching the bottom correctly, but also having patience to see the final result. Our secondary team released the SOL research report on July 26, 2023, and completed our position near $20. At that time, we were strongly optimistic about the SOL ecosystem and its undervalued value. However, later on, continuous OTC news about FTX shares emerged, and we also panicked and quickly liquidated below $50, missing out on the subsequent 15x surge. Investing and trading may seem easy, but the beginning-process-result is the hardest part. This is a huge test against human nature. Besides those who boast and crypto commentators who are correct about ups and downs, no one can predict how short-term fluctuations will behave or how long the waiting process will take.”