[Shenyu: The biggest structural advantage for individual investors lies in 'no need to explain,' leveraging volatility and time to generate returns] BlockBeats news, February 10, Cobo co-founder and CEO Shenyu shared investment insights on the X platform: 'The biggest structural advantage individual investors have over institutions is not information or capital, but the fact that "no one needs an explanation." He pointed out that funds are often constrained by LP requirements, drawdown limits, and quarterly assessments, forcing them to cut losses and exit at the worst possible times. Individual investors, on the other hand, can leverage volatility and extend time horizons to absorb chips passively sold due to institutional constraints at market bottoms, thereby generating returns.'