Jack Yi, founder of Liquid Capital, acknowledged a misstep in his investment strategy, admitting he was prematurely bullish on Ethereum (ETH). In a post on the X platform, Yi reflected on his decision to turn bullish on ETH too soon after liquidating positions at peak prices. At the time, Bitcoin (BTC) was valued around $100,000, and ETH was seen as undervalued at approximately $3,000. Yi noted that the previous profits have since been retraced, and emphasized the importance of risk management while waiting for market recovery.
Liquid Capital's Jack Yi Admits Premature Bullish Stance on Ethereum
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
