Bitcoin has no inherent produc

2024-11-18

Bitcoin has no inherent production value; its price is driven by market sentiment and manipulation, unlike the stock market. Sell it when market is hot, buy it when market cool down😀. & don't trust meme, I burned my hand🤣

MSTR Drops After Earnings: Is It a Buy Below 300?

MicroStrategy officially rebrands as Strategy and releases its Q4 earnings report. Bitcoin surged but then pulled back to $96,000. Do you expect MSTR to rebound with Bitcoin, or will it drop below $300 as the Bitcoin bull market enters its final phase?

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Comments

Reglloyd
2024-11-19
Reglloyd
Production value of 1 Bitcoin is currently sitting at +/- $13000 based on your kWh electricity rate & then let’s not forget the equipment & facility your equipment is in & the rental associated to mining Bitcoin. Bitcoin is the new Gold Rush & possibly the only asset class that preserves wealth over time even though it is still very volatile, but see the dips as opportunities of buying more at a better price.
Why would you sell your Bitcoin if you know it’s going to $13 Million a coin or to $45 Million a coin if you’re extremely bullish ?
I will not be selling.

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