Speaking of "drawdowns"... I ran a mutual fund timing service for clients where the largest drawdown over 5 years, peak to trough, was <2%......
What makes a trader successful? 1. KNOWING (not just hoping) he has a method that statistically is R/R favorable. 2. Observing and executing...
MSTR's market cap is 2x-3x it's real asset value. That's because many are jumping on the BTC bandwagon via a listed stock without having to...
Observation.... BTC recently rallied from $55K to $98K... ~ 80% MSTR went from $113 to $553 in same period... ~ 400% FWIW...
From X "MSTR Completes $3,000,000,000 Offering of 0% Convertible Senior Notes Due 2029 - BSW 2:00 PM · Nov 21, 2024" · 2,870 Views FWIW...
Sort of, IMV.
The world could get to the point that a small number of people have HUGE amounts of money... can afford any price for any thing. The things they...
No doubt of that.. and not favorable except for those who are heavy in BTC.
I could not disagree more.
I've thought all along we'd have "high inflation", thanks to JPow being a putz... but I hadn't considered "Weimar" type inflation. Seems this BTC...
Unfortunately, "BTC to the moon" argues for hyperinflation... the destroyer of worlds.!
There is no "barrier to entry" for this kind of art. We should soon see a TON of "banana duct-taped to background" NFTs!!
Sailor offers "0% convertible bonds" and uses the proceeds to buy BTC. Worst case for bond buyer is he gets his money back with zero...
All the companies pile their cash into BTC. Trump buys $Billions for the US Treasury and promises to "never sell". Then one day... eveyone wakes...
Probably can't get much for it. I've already given it up for free... "Buy Support Sell Resistance"
Bitcoin has been amazing. It's just a "string of numbers" that people have come to believe in. (How logical is it to pay $90,000 for a mere...
Don't think they want to do that. The stealing of the SS funds would be too obvious even for the dumbest American.
Sounds like my kind of market! :)
Do bitcoins spoil and rot like tulip bulbs? Asking for a friend.
[ATTACH] This is a classic example of the principle of "Price TA"... and that is... "everything everybody knows, hopes, speculates, fears,...
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