๐จWHEN TO LONG OR SHORT๐จ
New leverage trading video is here!
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MicroStrategy has purchased an additional ~19,452 bitcoins for ~$1.026 billion in cash at an average price of ~$52,765 per #bitcoin. As of 2/24/2021, we #hodl ~90,531 bitcoins acquired for ~$2.171 billion at an average price of ~$23,985 per bitcoin. $MSTR
https://t.co/FbsRYhXEhn
People often think the market is buying or selling. In truth every buyer has a seller. Price moves up or down according to who is patient and who is urgent.
Urgent sellers push price down, urgent buyers push price up.
@adam3us@natealex I'd be worried in his shoes at this stage as his investment has dropped significantly with no signal of reversal yet and he's very strongly exposed to a single asset