Yilihua: Crypto Trading Is a Counter-Intuitive Discipline, Patiently Wait for the Best Bottom-Fishing Opportunity

Odaily reports that Yi Lihua, founder of Liquid Capital, posted: "Actually, the trading process is extremely difficult. When we insisted on being bullish, there were multiple pullbacks along the way; when we reached 86 and insisted on expecting a pullback, there were likewise multiple rebounds, even reaching 87. Each time it hit 81 or 80, it immediately rebounded to the key level of 84. For a whole month it fluctuated back and forth—this is also why we kept repeating ourselves. Stick to the principle: don't be thinking about trading all the time. Rallies don't move in a straight line, and pullbacks aren't either. At the same time, when expecting a pullback, don't short—patiently wait for the best bottom-fishing moment. I founded and manage three different funds—crypto investment, crypto trading, and AI technology—and the hardest of them is crypto trading. It is entirely a counter-intuitive discipline. For example, in the moments of extreme panic that lie ahead, can you bottom-fish with full confidence? Buffett got stuck in Google, and Duan Yongping got stuck in Pop Mart, but I believe these are all temporary. AI will keep creating miracles, and the money printer won't stop either. So quality AI stocks and crypto assets are the trend—if you pick the right bottom, you'll never get stuck."