Michael Saylor speaks...

[The_Krakenite]

As Dr. Burry said, crypto markets have far too much leverage and were at risk of a major collapse.

I don't recall him being short on it though, someone correct me if I'm wrong.

In any case, as the world continues into its 2nd generation of The Great Depression, sit tight and let the leverage get washed out. Those who got too greedy are paying the price now.

 

[SunTrader]

You are like a disgruntled chihuahua nipping at my heels. It is very amusing. Keep it going.

Let me help by agitating you a little more.

Going short is for idiots!

Not agitated a bit, love it.

Makes shorting that much more fun to know the majority of stocks traders are scared of the downside. As for agitating, I sense you are. Maybe one day you will get over your aversion and become a real trader that trade both directions.

 

[SunTrader]

How's that different from going long? All trades are time-limited, long and short. It's not like we've got eternity for them to play out.

Long only peeps never understand that. Price goes up, price goes down. Buy, sell or sell, buy is all the same.

What really blows their mind is the idea of someone shorting something short term that they are actually bullish long term.

 

[Pekelo]

Average buying price, 30K. No margin call yet.

https://www.cnbc.com/2022/06/15/bit...ived-margin-call-against-silvergate-loan.html

 

[Covertibility]

https://twitter.com/x/status/413478389329428480

 

[JackMorgan]

seriously ? not a clown ? its clown day at cnbs

 

[savoir]

Not agitated a bit, love it.

Makes shorting that much more fun to know the majority of stocks traders are scared of the downside. As for agitating, I sense you are. Maybe one day you will get over your aversion and become a real trader that trade both directions.

Are you loving it? That’s good! Keep it going.

Post some more about becoming a real trader. You sound like you really know. LOL

 

[SunTrader]

Scott Minerd CIO Guggenheim on BloombergTV currently:-

"You don't want stocks". Also "We might be in a recession ...... right now".

IOW he don't love stocks at this point either.

 

[savoir]

Scott Minerd CIO Guggenheim on BloombergTV currently:-

"You don't want stocks". Also "We might be in a recession ...... right now".

IOW he don't love stocks at this point either.

Brilliant!

I bet you and Scott were straight A students.

Keep them pearls of wisdom rolling. Don’t hog ‘em all to yourself.

 

[The_Krakenite]

Waiting... waiting... waiting for my REIT distributions to settle tomorrow. Then I'll pick up a single share of MSTR... and the rest goes into apartment-REITs for an inflation hedge. Then I'll re-evaluate the crypto scene next month when my 30-day time-lit expires on wash-sale trades for my crypto ETFs.