Bitcoin’s 2021 Returns Destroy Everything on Wall Street, Goldman Sachs Says

Discussion in 'Crypto Assets' started by johnarb, Mar 9, 2021.

  1. Pekelo

    Pekelo

    Did he really say that? I would only advise to any CEO to do it for a very short time and cash out right away. MSTR is down heavy, TSLA is down heavy, 2 companies with large BTC holdings. The hype can just go so far.

    Hey, did you see Bill Gates speaking out against cryptos' energy consumption?
     
    #11     Mar 9, 2021
  2. johnarb

    johnarb

    MSTR stock down heavy has nothing to do with their btc holdings. MSTR has over $2B of profits on their btc holdings!!!

    TSLA stock is not down due to their btc holdings. Tesla is profitable m2m on their btc purchase!

    "correlation does not imply causation"

    If you think Bill Gates is your friend advising you on your investments coz he wants you to be rich like him, go ahead :D
     
    #12     Mar 9, 2021
    korzes likes this.
  3. Pekelo

    Pekelo

    No, both MSTR and TSLA are down because they were very high flying stock on hype and the chart went vertical. And MSTR was only up BECAUSE of their BTC holdings, not because company fundamentals. Also I was talking about stock price not BTC profits.
     
    #13     Mar 10, 2021
    johnarb likes this.