I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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Thursday, 22 July 2021

"I pump but I don't dump,"

 CW8888: In the markets, there are always Buyers and Sellers! You pump and Who dump? You win then Somebody must lose. You lose then Somebody must win!

"I pump but I don't dump (then Somebody can dump),"  LOL!

‘Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.’

[WASHINGTON] Tesla founder Elon Musk said on Wednesday he personally has invested in bitcoin and other cryptocurrencies but that he does not manipulate or "dump" the digital currencies.

In a wide-ranging online panel discussion that included Twitter and Square founder Jack Dorsey, Mr Musk said he believes in cryptocurrencies as a way to "increase the power of the individual in relation to government," and that he has invested in ethereum and dogecoin in addition to bitcoin.

Mr Musk said he loses money when the value of bitcoin or other cryptocurrencies declines but that he has not been selling despite the volatility.

"I pump but I don't dump," he told the forum sponsored by the Crypto Council for Innovation.

Posted by Createwealth8888 at 07:29
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1 comment:

  1. Createwealth888822 July 2021 at 08:26:00 GMT+8

    When we are market players at the same time then we are definitely competitors at Buy & Sell queue.

    ReplyDelete

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