JackYi: Remain optimistic about the current rebound; altcoin derivatives are a losing game.
Foresight News reported that Liquid Capital founder JackYi posted on Twitter, “As Iran is willing to abandon uranium enrichment as a compromise to end the war, the conflict is proceeding towards a complete resolution as expected. I hope world peace is not just an empty slogan. Meanwhile, the structural bill will eventually pass, so I remain optimistic about this rebound, unless hostilities break out again. Recently, I’ve seen many people getting liquidated on altcoin contracts. Altcoins themselves are high-risk, and adding leverage makes it a losing game. Especially when your opponents control the tokens, capital, and technology—Warren Buffett is right: becoming wealthy slowly is the best way. Even if you win five times in a row, losing everything on the sixth doesn’t make it a sound business model.”
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