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Topic
Board Speculation
Merits 2 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 22/10/2021, 17:38:15 UTC
⭐ Merited by BitcoinBunny (2)

Exactly what you read….

There are plenty of people invested in shitty coins as well…
Those are having bad feelings and cannot not check the price bc the uncertainty of those “crypto’s”…

Not relevant, here.  Fuck shitcoins, and discussion of such topic in this thread.. especially if you are trying to suggest that there is some kind of thing that is even close to equivalent to BTC.. which it is not and it is a slippery slope to get into such thinking..  Might have to pour one out for you dude.. hahahahahaha

Great talk between James from InvestAnswers and Michael Saylor.
Highly recommended. No BS. Both are already sold on BTC and basically discussing why every other investment sucks.

https://www.youtube.com/watch?v=-cx1Am2UFCA&ab_channel=InvestAnswers

Thanks for that B_Bunny... I listened to it.

I had seen/heard quite a few Saylor interviews, and it seems to me that Saylor has adjusted some of his ways of discussing and describing his company.. you can see this around minute 40-45.. when he responding to the ETF/ETP questions, and is possibly based on some legal counsel that he received... it's good.. and a better way of describing his company...

Another point earlier in the video.. is that Saylor pretty much described (and reiterated) his mindset transformation to becoming favorable to bitcoin in March 2020.  He pretty much asserted that he was hostile to bitcoin prior to March 2020, and his opinion would have to invest zero into bitcoin as of February 2020 because he did not consider it to have any meaningful value - and so it becomes interesting about how strong Saylor's mindset transformation was, and then once he decided to get into bitcoin, he became more and more and more convicted to the whole idea (and follow up with actions).. He has described his increasing and increasing conviction about bitcoin in several ways and so it is not a bad theme to not only show how he got in, but also so that other people might be able to relate to potentially going through some kind of similar transformation.

I don't have any problem, really, with anything that he says, and surely he does reiterate his level of aggressiveness in such a way that individuals might end up misunderstanding in terms of being able to go  through periods of volatility (especially in times when bitcoin has negative volatility). 

Normies do not actually have to use leverage in order to get richie from bitcoin (and potentially richie as fuck) without even employing leverage.. and of course, if you are able to manage leverage, it is a more sophisticated strategy in which you can surely get rich faster than normal and you can also get poor from an asset (such as bitcoin) in which you would have been able to make  lot of money but you employed leverage badly (or bad luck).....

Remember https://twitter.com/muststopmurad?lang=en   ?

He was one of the BIGGEST of bitcoin bulls, but neither he, nor his investment company (focusing on bitcoin bullishness) really did not fair well in the March 2020.. crashening.... he pretty much fucked himself and his investors.. because of leverage (I believe leverage longs got liquidated) and haven't really heard much from him since March 2020.. though I had not heard about him scamming anyone - even though he just ended up using leverage badly.