Persistent buys is such a bold move. Innovative or stupid ?
They seem to buy the most after the price has gone up
Does he make a cut of the size of portfolio regardless of profit or loss? If so then obviously he would buy more
He owns like 25% of Microstrategy. Between that and his personal Bitcoin holdings, I'd say he will only come out ahead of the value of Bitcoin increases. That having been said, he'd probably still be wealthy if it went to zero, just less so.
Cars
Yesterday
668
California gas price
World Conflicts
Yesterday
435
Noam Chomsky's Take on Hamas
2024 Presidential Election
3d
43935
There’s going to be an emergency shut down
Health & Wellness
Yesterday
269
Genuine question: how often do you think of killing yourself?
Personal Finance
Yesterday
821
Hit new milestone: 1.4M at 29F
Buying crypto is speculation, not an investment. They will likely still profit from the move. When you are gambling with other people's money, moves like this are much easier to stomach.
Tell me you don't understand what an "investment" is without telling me.
Jain Street you are probably the one. The only way to always win in a casino is to be the house. If you make a cut of other people’s money taking the risk, you are the house.