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LD Capital founder: Suggests traders stay away from contracts and explore deterministic business more.
Golden Finance reports that Jack Yi, founder of LD Capital, posted on social media, “After ten years in the encryption industry, those who truly benefit are the early holders or miners, as well as the project party, exchanges, and arbitrage institutions. The worst off are those who surf the cryptocurrency waves. I personally never trade, but I have seen traders around me suffer huge losses, especially in futures trading. Ordinary people simply do not have the capability; even if you win a few times, one loss wipes it all out, and it severely affects your mindset and work, unless you are truly a one-in-a-million genius trader. Recently, the overall market sentiment has been particularly low. In the future, everyone should explore more certain businesses and engage less in activities that may feed you today but leave you hungry for a week.”