Zhu Su: Selling at the top is often more dangerous than selling during a decline; overconfidence can lead to counterproductive actions.

GateNews

2026-02-02 07:35:12

Odaily Planet Daily reports that Three Arrows Capital (3AC) founder Zhu Su posted a statement saying that based on his past experience, “selling at the top” is often riskier than selling during a decline because the excitement of successfully catching the top can easily lead to premature re-entry and overconfidence.

Zhu Su further pointed out that he suspects Garrett, after earning hundreds of millions of dollars from the 10·10 incident, may also have been influenced by similar hubris, leading to taking higher risks in subsequent trades.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments