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神魚:散戶相較於機構的最大結構性優勢是“無需交代”,可利用波動率和時間獲取收益

2026-02-10 15:46:19

ChainCatcher 消息,Cobo 聯合創始人兼 CEO 神魚在 X 平台分享投資心得:"個人投資者相較機構最大的結構性優勢,並非信息或資金量,而是"沒有任何人需要交代"。

基金受到 LP 要求、回撤線以及季度考核等制度性約束,往往被迫在最不該賣出的時點止損出局;而個人投資者則可以利用波動率、拉長時間周期,在市場底部承接因制度約束被動拋出的籌碼,從而獲取收益。"

神魚:散戶相較於機構的最大結構性優勢是“無需交代”,可利用波動率和時間獲取收益

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