Foresight News
Foresight News|Feb 05, 2026 06:25
[JackYi: Having experienced bull markets after two bear markets, I became overconfident in bottom-fishing too early] Foresight News reports that Liquid Capital founder JackYi tweeted, 'Why is it so hard to resist being bullish while in the industry? It’s related to my past entrepreneurial experiences. Back then, I couldn’t find a job and started a business, earning my first pot of gold. Even then, I didn’t dare to splurge but instead invested in tech projects, which seemed to perform quite well. In 2015, I entered the crypto space, mined BTC, bought ETH, and invested in projects, catching that golden era. This was the reward of consistently going long. However, the subsequent bear market led to significant investment losses, and I couldn’t endure the bear market, so I prematurely liquidated my BTC holdings, ultimately missing out on the major bull market after 3/12. This was the consequence of being bearish. Having experienced bull markets after two bear markets, this time, after exiting at the peak, I became overconfident and bottom-fished too early. I will continue to wait while managing risks.'
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