Bitmine Immersion sieht sich derzeit mit nicht realisierten Verlusten von etwa 3.700.000.000 US-Dollar aus seinen ETH-Beständen konfrontiert
https://www.reddit.com/gallery/1p3s47z
Bitmine Immersion sieht sich derzeit mit nicht realisierten Verlusten von etwa 3.700.000.000 US-Dollar aus seinen ETH-Beständen konfrontiert
https://www.reddit.com/gallery/1p3s47z
18 Kommentare
tom Topblast lee
He looks sad
But how??
What was his averages??
Somebody check on Tom
Buy high sell low
When bitmine gets liquidated, i will buy ETH left and right
Everyone gets humbled. He’s made the great calls, some great intraweek calls but no one is 100% right. Given enough time he likely will be but it could be 6-8 months away at the earliest.
This proves no can predict market even the one with great track record in the past. This time cycle top marked by institutional frenzy into crypto not by retail. 😂
dump eet
It’s giving the same vibes as Saylor in 2022, where his average buy price is $21k and the BTC price is $16k.
Should have sold at the top, obviously.
The absolute fear from everyone across reddit is delicious and exactly why i’m buying more.
Tom Lee is a long term investor. He’ll be fine. As will crypto
But I was told repeatedly that ETH was going to the moon on this sub? So guess it’s not a good investment after all?
damn man and I’m felling bad about my 7k unrealised proffits.
He stole peoples money and is finally a proven scammer
Perma Bulls getting neutered
In a greater fool theory, they ran out of fools.
You guys don’t get it.
When crypto is pumping it’s easy to get access to capital for treasury companies, for many reasons, I won’t get into why, you probably understand. That means treasury companies buy a lot more.
When crypto is dumping it gets harder to get access to capital , so they buy less (in $ value)
It has been proven again and again that if you buy a good quality investable asset, in the long run (5, 10, 15 years), it makes little difference if you buy it on the low or the high of the year. Assets like Bitcoin, apple, nvidia, google, whatever.
That is the strategy here. That’s the strategy of any treasury company. Tom Lee knows it, investors know it everyone knows it.
Only you people don’t know it, so you just post your random comments about Tom Lee not being able to time the market and all that crap. You don’t have to invest. The people who do invest invest because of the asymmetric risk. A treasury company goes down to let’s say 0.7 MNAV on dumps, but pumps to 3-6X MNAV on Pumps. Check out Metaplanet, Strategy, and every other crypto treasury during the pumps. That’s an asymmetric opportunity for people who understand what they are doing to make crazy money with asymmetric risk. Buy at 1 MNAV and below and sell at 2.5 MNAV and above
All you smart guys just don’t invest now. I am sure most of you will be begging to buy at 2.5+ MNAV.