- When do I cash out?
- What do I cash out in?
- Do I HODL to buy back low
- Do I Buy Fiat back and tax?
(yesterday's blog)
Again these guy's with their stupid click bate captions..
"- Tesla bought $1.5 billion worth of “digital assets,” then sold $272 million worth, during Q1, according to an earnings release Monday.
It also recorded a $101 million “positive impact” toward profitability from sales of bitcoin during the quarter; it accounted for this as a reduction in operating expenses.
It’s not immediately obvious how trading in bitcoin, which requires significant amounts of energy to mine, fits in with Tesla’s vision of accelerating the transition to sustainable energy".
1.9 Billion still left to go! That means they have more then what they initially had. Pure profits, but disappointing. Then again ELON has a company and probably needs cash flow, and to show his company is earning something besides getting tax credits from the government for his fake green powered bullshit.
https://www.cnbc.com/2021/04/26/teslas-bitcoin-speculation-helped-boost-profits-this-quarter.html
So it's understandable that TESLA will sell it's BITCOIN. This is completely normal and if more and more institutions get in on the HODL; you can expect SODL.
On another note how are my BNB 'investments' so far? 50/50 Some are SUCKY, some I doubled. Not happy even though I haven't had a rug pull.
Chicago Mercantile Alternate (CME) Bitcoin and Ethereum contracts are set to run out. Will we have another end of month RED selloff's again? Or will BTC try to target that 70k USD level. Time will tell! We already had a selloff from ELON front running another possible drop. No matter! If you have held Bitcoin just a few months ago, you would never have not made a profit.
https://www.cmegroup.com/education/courses/introduction-to-bitcoin/options-on-bitcoin-futures.html#