Yili Hua: Preserving Capital in a Bear Market is Crucial, Beware of On-Chain Theft Incidents

Odaily News Yili Hua posted on the X platform, stating that preserving capital in a bear market is crucial. On-chain theft incidents are frequent; pursuing a few percentage points of return can result in losing the principal, similar to most investment mistakes made in the past. As long as it's an investment, there is risk, even if the money is held on an exchange or used in yield farming. Our top principle now is to have clear profit-taking and stop-loss strategies. You must always consider how to respond if the worst-case scenario occurs. Otherwise, the biggest regret would be the bull market arriving while the principal is gone. Investment requires optimism, but risk control must be rigorous.