On October 21, top trader Eugene Ng Ah Sio shared insights on social media regarding the recent decline in GOAT, suggesting it presents a compelling buying opportunity. Ng Ah Sio has taken action and already made a purchase of GOAT. He emphasized that both GOAT and GNON will be essential holdings for long-term trends moving forward.
His bold statement, 'If I am wrong, then I am your exit liquidity,' reflects his confidence in these assets' future performance. As the market fluctuates, traders are keen to identify potential rebounds, and Ng Ah Sio's commentary underscores the strategic considerations that investors must evaluate when navigating downturns in the market..