Why do billionaires sell their stocks?

[WarHeRo]

Why is everyone selling their stocks and buying Bitcoin like crazy?

[Yavin Shikanoko]

They are big dummies

[Uncle Sam]

UK, Germany, Japan in recession many more countries to follow. The players at the poker table are just taking their profit before the music stops. But that's just my guess.

[Rio]

Because mass inflation is coming? And during mass inflation you want your money in things that maintain value during inflation?

Or a lack of faith in the dollar? Or belief the market will crash. Or the dollar will be killed off for CBDC?

Or during a recession that tech might do poorly?

[Raelic]

First, I'd need a source this is actually happening.

Bitcoin is what is known as a speculative market. There's no real value of it so it's all up in the air on if it succeeds or not. You can't objectively make an educated decision on it.

For example, in the case of Microsoft, I can go and read about the leadership. I can read about their products. I can see their public records. So I can make a pretty educated decision on if I should buy into Microsoft.

Bitcoin, on the other hand, doesn't have any of that. The only thing you can see is the price.

So, if someone is buying Bitcoin it's with the sole intention of hyping it up and making others buy it before dumping it.

AKA, a scam. Much like pyramid scheme scams... either you were early and won big or you're late and you're the sucker helping the early adopters win big.

It was also the same thing with that Gamestop crap where people were trying to keep it going so they could bail out with less loss.

[AdahnGorion]

I invested my millions into canned food and shotguns

[MinionJoe]

Buy low, sell high. Greatest GPD ever.

[Rumpelcrutchskin]

Sounds like another major hedge fund incoming.

[76561198356019466]

Why keep them? FFS they were abolished in the 1870s

[Rio]

Postat inițial de Rumpelcrutchskin:

Sounds like another major hedge fund incoming.

Some are saying a housing crisis is coming to make many people sell their houses, for the rich to swoop in an pick up.

That banks are going to be less likely to lend money out. And that many banks are failing and having mergers.

[Chaosolous]

Taxes and economic collapse.

[Angel]

Stocks is all about buying and selling at the right time. People don't need to be a billionaire to do this.

[Raelic]

Postat inițial de Angel:

Stocks is all about buying and selling at the right time. People don't need to be a billionaire to do this.

This is false.

The most money to be had is from long term investing.

[Angel]

Postat inițial de Raelic:

Postat inițial de Angel:

Stocks is all about buying and selling at the right time. People don't need to be a billionaire to do this.

This is false.

The most money to be had is from long term investing.

You know holding them for a long time and selling them is still "at the right time" right?

[A&A]

GDDR7 is knocking on the door?
More memory bandwidth. Less energy consumption, so the maintenance costs. Better earnings in a short period of time which makes it attractive.

[WarHeRo]

Postat inițial de Raelic:

First, I'd need a source this is actually happening.

Zuckerberg Sold Nearly Half a Billion Dollars of Meta Stock In Last Two Months[www.bloomberg.com], and it's not just him, Gates and Zuckerberg are also dumping heavily.

Bitcoin Spot ETF Flows Eclipse Once Dominant Futures-Linked Fund[www.bloomberg.com].

It is quite evident to me...