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Yi Lihua: Trend is King, Bull Market Confirmed, Bears Face "Early Loss Small, Late Loss Big"
BlockBeats News, January 3rd, Easy Lihua, founder of Liquid Capital (formerly LD Capital), posted on social media, stating, "Why is investment such as Buffett/Duan Yongping respected? It is because they earn money from value and trends, not from speculation."
"This year's trend is a bull market. Whether it is the macro environment or the stage of industry development, this is not something we can decide together. We can only see the trend and follow it. During this time, I see the bears are still making their final efforts, but as we mentioned before, in the 26-year bull market, bears early closed their short positions at a small loss. Closing later would result in a huge and extremely miserable loss."
"Those who are still bearish in the market are either just shooting off their mouths or cannon fodder. After experiencing more than a month of fluctuation (bull vs bear), the bulls will definitely be complacent. The pessimists are always right, while the optimists always move forward."
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