MicroStrategy Responds to Multiple ETH Purchases: $1 Billion Will Continue to Be Bought on Dips, Buy in Bear Markets Sell in Bull Markets
BlockBeats News, December 29th. Liquid Capital (formerly LD Capital) founder Yi Lihua responded to today's Trend Research's multiple large purchases of ETH, stating on social media, "We will continue to buy the dip with $1 billion. In the 26-year bull market trend, the opportunity lies in being long, not short. There has only been one thing in the entire history of the crypto world: buy in a bear market and sell in a bull market."
BlockBeats previously reported that on December 24th, Yi Lihua posted on social media, stating, "Trend Research is preparing another $1 billion to continue buying ETH. We are consistent in our words and actions. We strongly recommend not shorting. Undoubtedly, this will be a historic opportunity."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitmine has staked over 400,000 Ethereum, valued at $1.2 billion.
Flow network recovery progress: Phase one is operating normally
A certain whale opened a 3x short position on LIT worth over $600,000, with an entry price of $3.769.
Address 0x94d3 opened short positions of 1,360 BTC and 36,281 ETH in the past 5 hours
