还是吐槽快乐 偶尔解图

I have always felt that the biggest hidden danger in the cryptocurrency space might be MicroStrategy.

The way MicroStrategy buys Bitcoin really confuses me. Heavily investing at the peak of a bull market and starting to sell at the low point of a bear market — buying high in 2021 and starting to sell when the market was sluggish at the end of 2022 — it looks like they might be short on cash. Although they sold and then bought back later, the boss may be a 'true believer' in Bitcoin, but he completely disregards the cycles and does not leave himself any cash flow; this is not investing, this is gambling.

Look at Buffett; he always keeps ample cash to cope with extreme situations. In this regard, MicroStrategy falls far short. If they had hired an analyst to operate, buying less at high points and more at low points, their current holdings would probably have multiplied several times. Now, after five years of buying, the average cost is $68,000, and if Bitcoin has a major correction, all those five years of effort could go down the drain.

Currently, MicroStrategy still holds more than 550,000 BTC. With such a large stake, if they truly run into cash flow issues and need to liquidate, it could directly crash the market's bottom line, which would be a disaster for the entire cryptocurrency space. Don't think that any institution is immune; back in the day, FTX was thriving, and Three Arrows Capital was incredibly powerful, yet they both collapsed in the bear market. The market is ruthless and unforgiving; there is nothing too big to fail.

Chuanbao is playing new tricks again!!

🔥
Breaking: President Trump announces the construction of a new banquet hall at the White House—funded by himself.

Private funding, more efficient.
In contrast to Washington squandering billions of dollars on foreign aid, this project will be built with private funds, without using a penny of taxpayer money #美国稳定币法案 $OM

This bull market has revealed an intriguing phenomenon: everyone is mechanically replicating the script from the previous bull market.
"Bitcoin leads the way → Ethereum follows up → Altcoins celebrate"
"Blindly ambushing before the halving, starting with 3-5 times, 100 times is not a dream"
As a result, after this round of halving, those who blindly followed and heavily invested were left dumbfounded: Bitcoin repeatedly oscillated, and altcoins generally dropped by 10 times in the bull market, with ETH down 50% from its peak. The atmosphere in the WeChat group changed drastically, from "countdown to financial freedom" to "guide to queueing on the rooftop".
In fact, this bull market has long been different — institutions entering the market have rewritten the rules of the game, and the hard-earned lessons learned by the seasoned investors with real money: history never simply repeats itself; in this market, the only constant is change itself.

Hahaha, check out the predictions. Ethereum 2025 price prediction. #eth