JackYi Says Bitcoin Pullback Near $75,500 Could Offer New Opportunity

Liquid Capital founder JackYi said Bitcoin has seen a slight pullback as expected and that a further decline to around $75,500 would present a new opportunity. According to Foresight News, he said he remains optimistic about a rebound after a modest correction. JackYi also said investing and trading are among the hardest things to do. He said he entered the BTC market in 2015 at a low point through mining, later made successful investments in projects including Quantum, and caught the 2017 bull market. He described that success as largely luck, saying he had previously believed it reflected skill because he had achieved some results in entrepreneurship and investment in traditional industries. He added that he later invested in hundreds of projects, with most failing and only a few succeeding. As investment opportunities decreased, he began studying trading more seriously. He said trading requires greater caution, noting that nine consecutive successful trades can be erased by one failure.