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Zhu Su Reviews Larry Cermak & 1011 Whale Inside Information: Prone to Overconfidence and Prematurely Re-Entry After Top Clearout
BlockBeats News, February 2, Three Arrows Capital co-founder Zhu Su retweeted Liquid Capital co-founder Yi Lihua's "It's a Mistake to Buy Back in Too Early After Top Clearance" tweet and commented:
"In my experience, selling at the top is often more dangerous than selling on the way down. This is because the excitement of 'selling at the top' easily tempts one to re-enter the market too early and leads to overconfidence. I suspect that Garrett (1011 Insider Whale), after making a seven-figure profit on October 10, also fell into a similar arrogant mindset."
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