Jack Yi acknowledged a misjudgment in turning bullish on Ethereum too soon after selling at the peak, when Bitcoin was around $100,000 and Ethereum hovered near $3,000, considered undervalued at the time. Following a recent profit-taking phase, Yi emphasized prioritizing position management and risk control while awaiting market developments. Zhu Su commented that selling precisely at the top can be riskier than gradually selling during a decline, as the excitement of "selling at the top" can lead to premature re-entry and overconfidence. He suggested this psychological bias might have also affected Garrett, who, despite significant profits on October 10, still faced subsequent misjudgments.
Jack Yi Reflects on Misjudgment in Early ETH Bullishness
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