Yi Lihua: I panicked and sold off my SOL shares, missing out on a potential 15-fold increase later. Patience is crucial for investing.

Jack Yi, founder of iquid Capital, wrote on the X platform: "Most of the time in investing is waiting. It's not just about being right to buy at the bottom, but also about having the patience to see the final result. Our secondary team released a research report on SOL on July 26, 2023, and completed the position building around $20. At that time, we were very optimistic about the SOL ecosystem and its undervalued value. However, later, news about FTX share OTC kept appearing, and we panicked and quickly liquidated our position below $50, perfectly missing the subsequent maximum 15x increase. Investing and trading seem easy, but the beginning, process, and result are the most difficult things. It is a huge test against human nature. Apart from those who talk big and coin commentators who are always right about the rise and fall, no one can know how short-term fluctuations will be or how long the waiting process will take."