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To: Pollard

A close relative bought Bitcoin at about $500 and recently sold just below the drop at about $57k each.

Tell me how he made a mistake.

I’m hanging tight, bought soon after him. Apart from gov. intervention, we will see the $60k again. This year? Maybe not......


12 posted on 05/22/2021 7:27:18 AM PDT by Arlis
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To: Arlis
The close relative you describe is a speculator, not an investor. It's no different than someone who bought Enron stock in 1990 and then sold out in 2000 before the company collapsed in the midst of its financial scandal.

Six months from now I'd like you to tell us about the "close relative" who bought Bitcoin at $57,000.

16 posted on 05/22/2021 7:46:29 AM PDT by Alberta's Child ("And once in a night I dreamed you were there; I canceled my flight from going nowhere.")
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To: Arlis

We will be at $100k within a year.

These types of turnarounds happen all the time in Bitcoin. This was from the kids running up their stimulus checks. We are seeing problems in every market.

This will pass. If Musk will simply keep his mouth shut.


32 posted on 05/22/2021 12:56:20 PM PDT by Vermont Lt (. )
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