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But Dan: You must dare to buy during a major downturn; I’ve just used up all my remaining ammunition

2026-07-29 06:03

Odaily Odaily reports that today, Dan stated on Snowball, “You must dare to buy during a major downturn; I’ve just used up all my remaining ammunition.” Previously, he posted, “The 2x Long SK Hynix ETF is currently down 25.72%. Leveraged tools can amplify gains, but they also multiply risks exponentially. When the tide recedes, the harshness of market volatility becomes clearer. This shows that such leveraged products require extra caution.”

Dan believes that SK Hynix has become one of the landmark companies in this round of the AI bull run. Given the current pace of correction, the short-term direction is likely to become clear soon. Of course, over a longer time horizon, only companies with continuously optimized supply-demand dynamics and steadily improving profitability have the chance to navigate through cycles.