Justin Huynh

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BREAKING: Tesla/Elon Musk has purchased $1.5B worth of Bitcoin according to an SEC filing at $42K/coin.

Yes, it sounds like a lot of money, but in the grand scheme of things, it's a rather small bet. For context, TSLA stock shot up $20B in value this morning.

People may start telling you that Bitcoin is now "going to go to the moon." Don't throw ALL of your money into Bitcoin. Chances are, like everything else, it'll surge, then crash, and so on.

Don't believe me? Look at people's losses in GameStop, AMC, Nokia, etc. The hype dies down eventually if there is no intrinsic value.

Public markets aren't "get rich quick." It's "stay in it long enough to get rich."
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Disclaimer: I own Bitcoin as part of my portfolio.

Double Disclaimer: This post is not financial or investment advice. Consult proper advisors.


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