andreinvestsandstackssats's avatar
andreinvestsandstackssats
npub1rz7z...kj6v
A Canadian and is interested in bitcoin and investing
It’s only negative in these times of extreme fear. One could argue that bitcoin’s price would be higher without all these treasury companies buying. Then more individuals would be buying and storing their bitcoin in cold storage.
It breaks my brain why anyone would sell Bitcoin to buy space x . An unprofitable company valued at $2T valued on hype and hopes and dreams versus the hardest money ever created.
‪It’s time to rotate into cash or Bitcoin!‬ ‪Bitcoin and the s&p are not correlated at moment! ‬ ‪If you have studied the crashes of past you would see that this is time when those in the know quietly move their positions into cash or under valued assets before the rug is pulled out from under the market!‬
32 Bitcoin is an inoculation! It is nothing! Now we have accepted that he will sell bitcoin. MSTR will dump into peak fear, and later when does large tax loss harvest and he picks up more coins the stock will go up.
Spacex ipo will e targeting 1.75 to 2 trillion. This is more than bitcoin’s entire market cap! Who in their right mind would buy this when they can just stack sats. If you want to buy SpaceX just wait a year or two and you’ll probably get it for 1/10 of the price at ipo.
Saylo conditioned the market to selling bitcoin , and the market supported him. He could sell some high cost basis bitcoin to pay the dividends and make more money by capital loss harvesting than using up his cash. That’s why he is using his cash to reduce his debt load and increasing his credit worthiness.