Arthur Cheong: In the secondary market, do not set the leverage too high

2024-12-18 22:40:29

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ChainCatcher news, Arthur Cheong, founder, CEO, and CIO of Defiance Capital, stated at the "Cold Thoughts Behind the Bull Market Frenzy: Cyclical Characteristics, New Narratives, and Investment Strategies" X Space event hosted by RootData: we will see more projects conducting ICOs in the future; when discussing the current shortcomings of the industry, Arthur believes that DeFi security issues and wallet experience problems are particularly prominent, but improvements are already underway.

Regarding the secondary market, Arthur stated that leverage should not be too high; industry participants should focus deeply on the sectors they are interested in.

On the judgment of short-term market trends, Arthur mentioned that in the next two weeks, the trading volume and liquidity on exchanges will gradually decrease, and he does not believe there will be significant surges or drops in the market.

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ARTHUR CHEONG secondary market leverage

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