E-Lihua's 626,574 ETH $ETH have broken even! The averaging down strategy worked—@Jackyi_ld and others averaged down 46,036.72 ETH on the day of the drop on December 29th, lowering their average on-chain cost to ~$3,105.5. They've now just recovered their $110 million unrealized loss and reached the break-even point. True E-Lihua defenders! 💂🏻‍♀️ Wallet Address intel.arkm.com/explorer/addres...… This article is sponsored by #GateExchange | @Gate_zh

Adhering to trend investing has a very simple logic: buy when you are bullish on a bull market, sell when you are bearish on a bear market, be greedy when others are fearful, and you can never buy at the lowest point or sell at the highest point.