Yi Li Hua: The top priority now is to always set take-profit and stop-loss orders; preserving capital is crucial during a bear market

BlockBeats News, April 19th. Founder of Liquid Capital (formerly LD Capital) Bobby Lee stated that it is crucial to protect your principal during a bear market. With frequent on-chain theft incidents, many have suffered losses of their principal in pursuit of a few percentage points of returns. Similar to most investment mistakes made in the past, all investments carry risks, whether the funds are on an exchange or involved in yield farming. The top priority now is to always have a take-profit and stop-loss strategy in place, and to consider how to respond to the worst-case scenario. Otherwise, the most regrettable outcome would be missing out on the bull market due to loss of principal. While investment decisions should be optimistic, risk management must be rigorous.