So shocking, the Germans are remarkable!
The German government sold all of its approximately 50,179 bitcoins within 24 days, generating $3.3 billion in revenue. This action may be influenced by the German investment philosophy, such as the contrarian investment advocated by the famous investment master André Kostolany, which suggests buying in a market downturn and selling in a frenzy to achieve better returns.
The German investment community has always been relatively steady and rational. André Kostolany also emphasized fundamental research, diversification of investment types, and this philosophy allows German investors to better seize opportunities and control risks in complex markets. Additionally, Germany has experienced currency turmoil, making Germans wary of risk investments and more inclined towards conservative investments. This sale of bitcoins may also be based on this cautious attitude.
The German government's sale of bitcoins reflects its accurate judgment of market trends and rational decision-making, providing a reference for other investors. In investing, we should learn from the German investment philosophy, paying attention to market dynamics and seizing opportunities while cautiously assessing risks to ensure the stability and sustainability of investments.