CoinWorld News reports that on April 8, Liquid Capital (formerly LD Capital) founder Yi Lihua posted on a social platform saying, “The war is confirmed to be over. There is no inside information—neither side has any reason to keep fighting. Take profits at the point where the rebound tops out, step by step while you watch. This year’s cryptocurrency market looks exactly like 2019: secondary liquidity has fallen off a cliff, primary investment confidence is almost nonexistent, and many Web3 companies are laying off large numbers of employees, with industry practitioners switching careers one after another. When others are fearful, be greedy. This year will definitely be the best time for secondary bottom-fishing and primary investments—just like 2019. In 2019, the institutions that bottom-fished in secondary and invested in primary became the biggest winners of the 2020 bull market. We are working hard to do both of these things.”

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