Oddbean new post about login | logout She'll be dumping on retail. Net worth of a few hundred million... need I remind people they are not our friends and not here to enrich anyone except themselves.
I just don't think that's a long term winning strategy with bitcoin.
I agree, it's a timed strategy though. The people who manage to sell at 60k and buy at 20k again tend to be these types, thats why they are so wealthy. They sell a great story and profit from it. People who just stack and ignore that noise do well in the long term, however, those people don't tend to care about ETFs either.