HODL on Nostr: If masa (japans second richest man) took a 130 million dollar loss I’m going to ...
If masa (japans second richest man) took a 130 million dollar loss I’m going to assume he bought around 17k and sold around 11k meaning he had roughly 21k coins.
Today they would be worth 2 billion.
Instead he booked a 130 million dollar loss.
Masa is worth 30 billion, so he isn’t exactly hurting, but that 2 billion dollar position today would be poised to grow to 20 billion soon enough and 200 billion a decade after that.
There’s still time to unfuck the decision, but I doubt he will.
Even the best investors in the world come to Bitcoin and dash themselves upon the rocks.
Don’t expect your friend Steven from college to pick it up over beers and a rousing drunken speech by you about the evils of central banking lol 😆
Today they would be worth 2 billion.
Instead he booked a 130 million dollar loss.
Masa is worth 30 billion, so he isn’t exactly hurting, but that 2 billion dollar position today would be poised to grow to 20 billion soon enough and 200 billion a decade after that.
There’s still time to unfuck the decision, but I doubt he will.
Even the best investors in the world come to Bitcoin and dash themselves upon the rocks.
Don’t expect your friend Steven from college to pick it up over beers and a rousing drunken speech by you about the evils of central banking lol 😆