Liquid Capital founder Yi Lihua said crypto trading is psychologically demanding and requires patience to wait for a buying opportunity. According to Odaily, he described a month of price swings, with levels around 86 and 87 and repeated rebounds from 80 and 81 toward 84.
Yi said traders should not feel compelled to trade constantly, noting that prices do not rise in a straight line. He said investors can expect pullbacks without shorting and should wait for what they consider the best time to buy.
Yi said he manages three funds focused on crypto investing, crypto trading and AI technology, and described crypto trading as the most difficult. He also said he considers Buffett’s investment in Google and Duan Yongping’s investment in Pop Mart to be temporary setbacks. In his view, AI will continue to create opportunities and money printing will continue, making AI stocks and crypto assets long-term trends.