What an idiot
$Bitcoin (BTC.CC)$ these people are laughable.. forget Michael Saylor 7 million Target for Bitcoin this buffoon is pegging 50 million in 15 years
this clown was on making money with Charles Payne on the 16th of this month to promote his latest scam his shit coin treasury company. but it's different than all the rest it's going to own Bitcoin it's going to own etherium it's going to own carvana coin.. and wait for it wait for it
he's going to run it like a hedge fund and when Bitcoin drops like from $125k to 87,000 he's going to be able to take advantage of that volatility by buying puts on bitcoin so the principal is never impacted of his treasury positions. and he'll be able to sell calls against it when it's coming down so he's going to be able to capitalize not only on the call premium but on the put side because you know he can predict price movement as evident from his hundred baggers that have all collapsed.
but if you're buying into his bullshit and you actually think Bitcoin is going to 50 million and etherium is going to 1.5 million in 15 years
why would you need to hedge anything?
one would think that you would just sit back and enjoy the ride straight up because this is your prediction so why would you need to hedge anything you certainly wouldn't want to sell calls against something because your risk losing it and then before to buy it back at a higher price..
this is an example of somebody that speaks but doesn't know what the fuck they're saying because if you listen to him and his new scam company that he's marketing and promoting it offers no advantage.. because why hedge something that's going to go from 86,000 to 50 million
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
theamazingcat :
Annoynimous : damn why the numbers keep multiplying
Lumlukka : Lol. Yeah. All these crypto “analyst” are just trying to out-clown each other. Since the numbers are so ridiculous already why not just pull out some bigger number from his butthole, right? Like say Bitcoin $5 billion by 2041
stderr Lumlukka : Maybe if we get more carry over Bidenflation
MonkeyGee : I guess I know what he is holding