#Tesla's #Bitcoin were sold OTC, were sold because they need their money back to hedge against their fear of recession and to appeal to investors in this period.
Do not be confused, that is strategy from a company. A bad one probably.
They invested what they couldn't afford to
Do not be confused, that is strategy from a company. A bad one probably.
They invested what they couldn't afford to
lose, buying high and selling low.
They have their terms, obviously they have to mantain positive cash flow, and errors on the accounting and investing side are made more by centralized companies these days than "decentralized" ones.
They have their terms, obviously they have to mantain positive cash flow, and errors on the accounting and investing side are made more by centralized companies these days than "decentralized" ones.
When investing you shouldn't consider what other people are doing, but only what you should do based on your asset allocation, risk adjustment and investment strategies.
This is not a financial advice obviously
Anyway I don't think those #Bitcoin made any difference
This is not a financial advice obviously
Anyway I don't think those #Bitcoin made any difference
#Bitcoin has seen more than one whale selling their holdings, and kept thriving.
You can gauge the fear of losing the opportunity from Tesla, that even when in urgent need of money they let 25% of their holdings there. That is call FOMO. They sold for FUD.
#Bitcoin #BTC
You can gauge the fear of losing the opportunity from Tesla, that even when in urgent need of money they let 25% of their holdings there. That is call FOMO. They sold for FUD.
#Bitcoin #BTC
• • •
Missing some Tweet in this thread? You can try to
force a refresh
