Bill Miller Says he Hasn’t Sold his Bitcoin, Despite Bear Market
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Bill Miller Says he Hasn’t Sold his Bitcoin, Despite Bear Market
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Btc is back at 30k. So it was just a few days of a bear trend due to luna / ust, Bidens inflation speech, and the cpi report.
sonofabitch has totally been dcaing all the way down 👏 well played sir.
Humans are not trustworthy. Don’t believe a word the say.
tldr; Legendary value investor Bill Miller believes that Bitcoin is fundamentally different from all other cryptocurrencies and that it lacks true competition. He has 50% of his net worth allocated to Bitcoin, and is leverage trading it. Miller is yet to sell any of his stashes, but hinted that he may have to in order to meet margin calls.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Selling your Bitcoin when the market is panicking and everything is turning red is usually the worst idea you can have. Bill Miller knows this, and he’s not going to let his emotions get the better of his logical thinking.
In situations like these, the best thing to do is to accumulate more BTC and HODL.