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MADNESS: Michael Saylor from about 17 billion dollars is now facing losses of around 10 billion dollars as the price of Bitcoin has continuously dropped sharply recently.
This is not surprising because his strategy is to buy at any price and at any time.
The purpose of this strategy is not to worry about temporary profits or losses, but rather the important long-term goal of his when Bitcoin reaches 1 million dollars, which is the moment to cash in. With the DCA method, temporary profits and losses don't matter at all. As long as there is consistent cash flow and no constraints like borrowing, everything will be fine. $BTC #WhenWillBTCRebound #WarshFedPolicyOutlook #ADPDataDisappoints
The market after a weak recovery has dropped below 80k and is continuing to be in a state of extreme fear, potentially creating a double bottom pattern with this index.
Please note that it has never been wrong when this index is below 20, it is always an extremely good buying point. Consider DCA or if you don't know how much and when to DCA, feel free to message me for guidance or you can research it yourself at: www.anhdevcapital.com
$Bitcoin was born in skepticism, grew up in fear, and matured after each crash. ๐ป 2011 โ Mt.Gox crashes
โข Price: -90% โข Fear: hacking exchanges, Bitcoin was once close to 'zero' ๐ฃ Quote: โBitcoin is dead.โ โ American media at that time โฑ After that: โข 1 year: x ~15 โข 3 years: x >100 ๐ป 2013 โ China bans โข Price: -80% โข Fear: government intervention ๐ฃ Quote: โGovernments will shut Bitcoin down.โ - The government has killed Bitcoin
Waiting for the market to warm up, my darlings, be confident, let's fight the crazy dog๐ถ stock, really hoping for a good year, $BTC welfare red envelope is coming!
๐ฅ๐ฅ๐ฅ In just over 24 hours, the precious metals market witnessed a dramatic liquidity pullback. The total value "evaporated" is estimated to exceed 7,000 billion USD โ a figure that is more than double the total market capitalization of the current crypto market ๐
๐กSpecific developments:
- Gold lost 13.6%, equivalent to over 5,000 billion USD in market value
- Silver plunged nearly 30%, creating the strongest daily bearish candle ever recorded, wiping away about 1.96 trillion USD
- Platinum decreased by 27.25%, blowing away 215 billion USD
- Palladium fell by 21.5%, losing about 85 billion USD
๐ These figures indicate that money is aggressively withdrawing from traditional safe-haven assets โ which have long been considered "safe" in many previous cycles.
The issue is no longer whether there is a shift or not, but rather:
๐ Where will the next flow of money go? ๐ Which assets will become the growth focal point of the next phase?
Looking closely, the gold asset with a market cap of 30,000 trillion $ also dropped by 13% in a single day, so whatโs the difference with various Crypto assets? $BTC