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Swiper

Swiper

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Jan 8, 2011
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1,292
“MicroStrategy’s Saylor Drops CEO Role as Company Posts $1 Billion Loss”

“MicroStrategy Inc. co-founder Michael Saylor gave up his chief executive officer title and said he’ll focus more on Bitcoin after the enterprise-software maker reported a loss of more than $1 billion related to the second-quarter plunge in the price of the cryptocurrency.”


 
tommyguns2

tommyguns2

Senior Moderators
Staff Member
Dec 25, 2010
5,840
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I’ve thought of buying this stock as a proxy for buying BTC on an exchange. Provides easy liquidity. But alas, I still don’t have the balls for it
 
C

CameronAlsop

Member
Jan 5, 2021
20
5
Wow, man. $1 billion sounds like a huge loss. Tbh, I wouldn't like to be in his shoes.
Actually, I'm only about to start investing in cryptocurrency. So, I'm currently studying crypto pairs trading strategy. I really like that strategy because it allows each asset in the pair to be valued without using fiat money. Btw, have you ever applied it? How does it work for you? I'm really curious if any of you here have tried it. Waiting for your replies. Thanks in advance, folks. Best wishes.
 
Rider

Rider

TID Board Of Directors
Aug 27, 2010
1,536
879
I’ve thought of buying this stock as a proxy for buying BTC on an exchange. Provides easy liquidity. But alas, I still don’t have the balls for it
Ugh, it’s so damn volatile brother.
 
macgyver

macgyver

TID Board Of Directors
Nov 24, 2011
1,955
1,609
Just blowing some dust off this thread to commiserate with my brother @Swiper .

It is INSANE to me that during periods of HISTORICALY high inflation, that gold can be dropping like it is. How can it drop 30% of it's value in times like this? This make NO sense whatsoever. Just further proof that everything is manipulated by the big money.

Hope all are doing OK. I am sitting on the sidelines with everything right now.




EKiPTWK.jpg
 
M

myosin

VIP Member
May 27, 2011
611
694
Just blowing some dust off this thread to commiserate with my brother @Swiper .

It is INSANE to me that during periods of HISTORICALY high inflation, that gold can be dropping like it is. How can it drop 30% of it's value in times like this? This make NO sense whatsoever. Just further proof that everything is manipulated by the big money.

Hope all are doing OK. I am sitting on the sidelines with everything right now.




EKiPTWK.jpg
This, AND silver... HIGHLY manipulated... BTC will be stellar, maybe just a little longer than anticipated.
 
R

Restart

VIP Member
Jan 3, 2019
264
258
Wow, man. $1 billion sounds like a huge loss. Tbh, I wouldn't like to be in his shoes.
There is a lot of this going on and it is intentionally planned by the masters of this world. The Bed, Bath and Beyond CEO really took a dive.
 
I

Iron1

VIP Member
Jul 7, 2021
99
149
I don't know how much if it is true but I heard some of the pricing action with PM's is people cashing out supplies they've been holding. Times are tough, people need money and having PM's in the vault doesn't put food on the table.
 
C

ceo

VIP Member
Oct 12, 2010
1,035
758
Just blowing some dust off this thread to commiserate with my brother @Swiper .

It is INSANE to me that during periods of HISTORICALY high inflation, that gold can be dropping like it is. How can it drop 30% of it's value in times like this? This make NO sense whatsoever. Just further proof that everything is manipulated by the big money.

Hope all are doing OK. I am sitting on the sidelines with everything right now.




EKiPTWK.jpg
Shouldn't you be buying? DCA?

Sent from my SM-G781V using Tapatalk
 
macgyver

macgyver

TID Board Of Directors
Nov 24, 2011
1,955
1,609
Shouldn't you be buying? DCA?

Sent from my SM-G781V using Tapatalk
I am thinking it could actually hit significantly lower.

I have not ever followed the DCA path. (but I think it is a good way to approach). It however does not work for me as I dont have a regular income.

Larger issue for me is what I want my exposure to be. I currently have a significant amount of BTC that is essentially 'lost' to me with the celsius chapter 11.

I dont think anyone has any answers of where to put your money right now (wisely)
 
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