Yili Hua: Will buy the dip and hold more ETH with various strategies

ETH-2,86%

ChainCatcher Message, LD Capital founder Yi Lihua posted an analysis on social media stating, "The market has been quite volatile these days. From our investment research perspective, the bears are in the most frantic phase of dumping, but it doesn’t affect the overall bullish trend. Especially with the continued strength of the US stock market and the strategic importance of cryptocurrencies in the US, we will not change our investment strategy due to these fluctuations.

Moreover, in the last cycle, we achieved nearly 2.5x returns on ETH, and we also experienced a black swan event in the Middle East that caused a correction from 2800 to 2100. The fluctuations of a few hundred dollars are within normal range. As this bullish cycle has recently been mocked across the internet—waking up to billions of dollars in volatility, like a roller coaster— the bigger the waves, the more valuable the fish. Besides, there is no such thing as a 100% guaranteed profit in investing. The key is that our continuous effort is to buy on dips and hold various strategies, increasing ETH holdings. Recently, risk-averse funds have moved into gold and silver markets, but there will definitely be moments of taking profits and capital inflows. The lowest point in the crypto industry will eventually pass."

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