Do not underestimate small numbers. Small percentages of large bases yield massive absolute value. 5% of SpaceX equals billions in equity plus - and this is more important - strategic influence.
5% of decreased value can be 1%.
5% of increased value can be 10%.
Difference 9% of outcome is huge.
Are we in the phase of blaming altcoins now?
When will we start blaming Saylor?
Oh wait...
The simple reality is that Bitcoin is in its normal 4-year cycle, and everyone watching @crossbordercap (aka Michael Howell) knows that Bitcoin is correlated to the speed at which liquidity increases (not liquidity itself). Therefore, this year Bitcoin is destined to underperform.
I bet against him last year when he claimed that we would have AGI by 2026. Guess who won?
I bet against him when he claimed we'd have private passengers flying around the Moon by 2018. Guess who won?
In 2019, I bet against Elon when he claimed we would have robotaxis by 2020 and $TSLA will be the only company with FSD. Guess who won?
Betting against Elon is easy sometimes / many times.
These things always revisit the 200-weekly SMA.
Bitcoin will rise again, stocks will fall again, and the screaming of emotional traders/Bitcoin haters will change nothing about the nature of these things.
The important part of the decision for me is which chart I am buying and which chart I am selling when I hear the scream.
$QQQ $BTC $SPY #AI
@ZeroHedge_ Agree. All those complaints from young Americans sound even more ridiculous after I watched a video yesterday showing that Americans can build a house for less than $39,000 in less than a 9 months. https://t.co/eVNI2b0HUr
@ZeroHedge_ Agree. All those complaints from young Americans sound even more ridiculous after I watched a video yesterday showing that Americans can build a house for less than $39,000 in less than a 9 months. https://t.co/eVNI2b0HUr
@Crypto_Chase His average buy price is $75,699
He holds 843,706 Bitcoins
Current BTC price at $71,375
He is underwater by ~5.7%
You are panicking as if something happened.
@CallThisAgent@saylor You are completely clueless and you cannot read. Ok.
We are in a bear market, which happens every 4 years.
It runs like clockwork.
Wake up me in November.