Yi Li Hua: The essence of trading is not to be right every time, but to be prepared with risk management
BlockBeats News, April 14th, Liquid Capital (formerly LD Capital) founder Elik Hui posted, stating, "There is no 100% correct investment or trade; otherwise, you would quickly become the richest person in the world."
Over the past year, Liquid Capital called for buying the dip in ETH at $1450, held on during the Black Swan event until over $2000, sold before the drop from $4500 to $1011, failed to buy the dip at $3000, and now is buying the dip below $2000. Even if you are right four times, one wrong move will cause issues.
The essence of trading is not to be right every time but to be prepared with risk management and strategies for various scenarios."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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