K13K (spacemarine)

Check your own $DEGEN stats 👇 https://degen-stats.vercel.app/

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🔥MicroStrategy has acquired 21,550 BTC for ~$2.1 billion at ~$98,783 per bitcoin. As of 12/8/2024, it holds 423,650 BTC acquired for ~$25.6 billion at ~$60,324 per bitcoin. https://x.com/saylor/status/1866106687699964016

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🗣Michael Saylor Calls for the US to Sell Gold and Buy BTC. According to him, this will help strengthen the dollar's status as the world's reserve currency and turn the US into the largest financial market. Saylor believes that selling the US gold reserves to buy 20-25% of the current BTC supply will increase its capitalization to $100 trillion. Such a decision, in his opinion, will lead to a fall in the price of gold and will force competitors such as China and Russia to sell assets for Bitcoin, which will return capital back to the US. 🤔And what do you think about this?

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The black crypto swan that "everyone" was waiting for. The flash crash was expected, and there's a sea of explanations for it (markets at all-time highs, tariffs, strained relations between global powers), but you never know when it will actually hit. This card is always up the sleeve of the big players, and every few years, they play it. The market can go up or down from here—it all depends on the upcoming macro events. If everyone just calms down, or better yet, patches things up, we're in for a thaw across the board. So, what now? Such sharp moves are most often good entry points. But you need to understand that they can still make you sweat and test your nerves. Overall, it's better to just accept the losses right away and always see it as part of the game.

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