Sell to Buy at Low Prices- Classic Manipulation Tactic Explained
$Advanced Micro Devices(AMD.US$ $iShares Bitcoin Trust(IBIT.US$ Came across an interview which basically discusses bitcoin, macro economy, fiat currencies, etc (All Investors Want Bitcoin In Their Portfolio?!). There is a segment where Mark Yusco (the interviewee) described a classic manipulation tactic which he thought happened to bitcoin the last few days. He mentioned the name Michael & to save you the time to listen thru the whole video, he meant Michael Saylor, co-founder of MicroStrategy. MicroStrategy recently issued debt to buy more bitcoin. Just to clarify, he did not think Saylor did the manipulation. Zoom in to 32:33 to 37:26 of the timeline & have a watch.
AMD, nVidia & related AI stocks saw similar gap downs yesterday. So, I thought it would be relevant for investors to have a listen. The world isn't coming to an end. So, long term investors should just sit back & relax.
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102880567 : Agree long term we’re secure