BlockBeats News, July 29, Chairman of Orient Harbor Dan Bin stated today in a post on Snowball that doubling down on the SK Hynix ETF led to a 25.72% plunge, once again highlighting that while leverage tools can amplify gains, they also exponentially increase risks. Investors should use leverage cautiously, avoid borrowing, avoid margin trading, and ensure proper diversification.
Dan Bin expressed that Hynix has become a milestone in this round of the AI market. After undergoing a significant adjustment, the short-term direction may soon become clear. In the long run, only companies that see a continuous improvement in supply and demand dynamics and a steady increase in profitability can withstand industry cycles.
Subsequently, Dan Bin reposted a netizen's comment saying, "Trampling in the downturn is a great opportunity to pick up money," and stated: "Strongly agree. When there is a big drop, you must dare to buy! Just exhausted the remaining ammunition." He also emphasized that the above content only represents personal investment thoughts and does not constitute any investment advice.
