What a bad buyer #Strategy is!!
But how, if he has more than 200,000 Bitcoin bought below $60k.
We’re at the bottom of the market and he still has a fortune in BTC acquired below that level.
He could sell just 17,000 BTC bought at $10,000 and realize a 600% gain with enough cash to cover almost a year of interest.
Your treasury strategy can fail when 100% of your BTC were bought above the current price. Then you’d be cornered, because every BTC you sell you’d be selling at a loss.
$BTC
But how, if he has more than 200,000 Bitcoin bought below $60k.
We’re at the bottom of the market and he still has a fortune in BTC acquired below that level.
He could sell just 17,000 BTC bought at $10,000 and realize a 600% gain with enough cash to cover almost a year of interest.
Your treasury strategy can fail when 100% of your BTC were bought above the current price. Then you’d be cornered, because every BTC you sell you’d be selling at a loss.
$BTC