Damus
verbiricha profile picture
verbiricha
@verbiricha
if you are balls deep in Bitcoin, why buy stocks of mediocre companies that are highly correlated BTC proxies? i don't get it
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TheGrinder · 61w
Right? Also, what do you do when those stocks start to trend 📉 heavy when the next bear market kicks in?
planta · 61w
Me neither. But it’s happening
nokey · 61w
Leverage? I think that’s their angle. They think they can get multiples of the return.
Gigi · 61w
https://i.ytimg.com/vi_webp/QFgcqB8-AxE/maxresdefault.webp
rasputin · 61w
Some balls hang different
ARVIN · 61w
GM ☀️☀️☀️ One reason: Ppl have capital trapped in tradfi accts. Can’t take it out until retirement age. Must leave in said acct as fiat, or invest it from within same said fiat acct. what to do? invest trapped fiat into closest correlated thing (btc etf or btc treasury co), or invest i...
Baerwaldt ⚡️ · 61w
Damn 401k…