Bitcoin

<ul class="news-points">
 <li><strong>Michael Saylor believes Bitcoin represents the kind of money that people simply cannot afford to lose.</strong></li>
 <li><strong>This comes as crypto traders lose $400M following Bitcoin’s crash to $56K.</strong></li>
 <li><strong>Saylor highlights Bitcoin’s long-term outperformance compared to traditional assets.</strong></li>
</ul>
<p>While crypto investors shoulder substantial losses over the past day amid the market retracement, renowned <a href="https://coinedition.com/michael-saylors-bitcoin-leveraged-strategy-transforming-1-income-to-400m-profit/" rel="noopener noreferrer nofollow">Bitcoin bull Michael Saylor</a> took to X to reassure enthusiasts that Bitcoin remains the essential asset they cannot afford to overlook. In his words, “Bitcoin is for the money you can’t afford to lose.”</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> is for the money you can't afford to lose.<a href="https://t.co/vaIzWh3KnA" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/vaIzWh3KnA</a></p>— Michael Saylor <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@saylor) <a href="https://twitter.com/saylor/status/1785439139187626336?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 30, 2024</a>
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<p>Saylor’s commentary comes amid Bitcoin’s price correction in the past few days, culminating in the asset revisiting the $56K range. At the press time value of $57,568, BTC is trading at one of its lowest points in the two months.</p>
<p>Following the asset’s substantial crash in the last few hours, at least 141K crypto traders who had placed bets on Bitcoin’s upward trajectory have been liquidated, resulting in losses exceeding $400 million. Nonetheless, Saylor, the chai…</p>
<p>The post <a href="https://coinedition.com/bitcoin-is-money-you-cant-afford-to-lose-saylor-reassures-amid-56k-retest/" rel="noopener noreferrer nofollow">“Bitcoin is Money You Can’t Afford to Lose,” Saylor Reassures Amid $56K Retest</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

“Bitcoin is Money You Can’t Afford to Lose,” Saylor Reassures Amid $56K Retest

Coin Edition

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