kylehuber on Nostr: I sleep better at night now that I save in bitcoin. The volatility is a feature not a ...
I sleep better at night now that I save in bitcoin.
The volatility is a feature not a bug- a result of adopting a new concept, absolute scarcity.
Apparently there is a $7B short position that liquidates if bitcoin rises above $75k… imagine that, shorting bitcoin at the front end of a bull market, likely rate cuts, global liquidity and continuous ETF demand.
I’d be having nightmares.
The volatility is a feature not a bug- a result of adopting a new concept, absolute scarcity.
Apparently there is a $7B short position that liquidates if bitcoin rises above $75k… imagine that, shorting bitcoin at the front end of a bull market, likely rate cuts, global liquidity and continuous ETF demand.
I’d be having nightmares.