JackYi: Having experienced two bull markets after two bear markets, I became overconfident and tried to buy the dip too early after selling at the top.

Foresight News reported that JackYi, founder of Liquid Capital, tweeted, "Why do I always tend to be bullish while being in the industry? It’s related to my past entrepreneurial experience. Back then, I really couldn’t find a job and started my own business. After earning my first pot of gold, I didn’t dare to spend lavishly but instead invested in tech projects, which turned out quite well. In 2015, I entered the crypto space to mine BTC, buy ETH, and invest in projects, catching that golden era, which was the reward of being consistently bullish. But later, during the bear market, I suffered heavy investment losses and couldn’t withstand the downturn, so I liquidated my BTC holdings early, ultimately missing out on the big bull market after 312. That was the consequence of being bearish. We have experienced bull markets after two rounds of bear markets, so this time, after escaping the top, I was more confident and bottom-fished too early. Now, I continue to wait while controlling risk."