Yi Lihua: Value and trend are the keys to long-term success; short sellers will pay a higher price before the 26-year bull market.
PANews reported on January 3rd that Yi Lihua, founder of Liquid Capital, posted on the X platform this morning, stating: "Why are investors like Buffett and Duan Yongping respected? Because they profit from value and trends, not from speculation. This year's trend is a bull market. Whether it's the macro environment or the stage of industry development, these are not things we can control. We can only see the trend and follow it. I've seen short sellers making a final push, but as we said before, before the great bull market of 2006, short sellers who closed their positions early suffered small losses, while those who closed later suffered huge losses. Those still bearish in the market now are either just talking big or cannon fodder. After more than a month of fluctuation (a battle between bulls and bears), the bulls will surely triumph. Pessimists are always right, and optimists always move forward."
You May Also Like
Crypto execs met with US lawmakers to discuss Bitcoin reserve, market structure bills
Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
PCE Data Sparks Tensions: A Key Day for Bitcoin
