There are four types of people when it comes to making money: 1. Those who are not yet earning — unemployed or dependent on others. 2. Those who work for others — earning wages by building someone else’s vision. 3. Those who own competitive businesses — earning marginal profits in crowded markets. 4. Those who own innovative or dominant businesses — earning high profits in markets with little or no competition. #Bitcoin mining is #4
Whale strategy: Step 1. Dump #bitcoin Step 2. Load up on deep OTM calls Step 3. Buy as much bitcoin as you can right before expiry. Step 4. Collect on ITM calls
Do you think it's just a matter of time that market makers will need to start buying #Bitcoin to prevent getting margin called? Wtf is absolute scarcity anyway? 🤷‍♂️