Bitcoin

Coin

<ul class="news-points"> 
 <li><strong>Turkish lira hits a record low, crashing by 27% this year.</strong></li> 
 <li><strong>Pro-crypto Michael Saylor emphasized the value of Bitcoin over the Turkish lira.</strong></li> 
 <li><strong>Twitter users share experiences of overnight losses and highlight Bitcoin’s volatility.</strong></li> 
</ul> 
<p>Michael Saylor, the chairman of MicroStrategy, took to Twitter to emphasize the <a href="https://coinedition.com/bitcoin-btc-price-prediction/">value of Bitcoin (BTC)</a> as the Turkish lira experienced a significant decline. Saylor’s tweet came in response to a report revealing that the lira had dropped 27% since the beginning of the year and an additional 8.5% since Thursday.</p> 
<p>“Imagine losing 8.5% of your wealth overnight,” Saylor tweeted, adding, “TRY Bitcoin.”</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Imagine losing 8.5% of your wealth overnight. TRY <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BTC</a> <a href="https://t.co/u45wh0PPXZ" target="_blank" rel="nofollow">pic.twitter.com/u45wh0PPXZ</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/1672659478834204672?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 24, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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</figure> 
<p>Saylor’s tweet resonated with Twitter user Joe Nakamoto, who shared his experience of overnight losses with Bitcoin. Nakamoto jokingly said, “Bitcoin regularly drops 8.5% while I’m sleeping.”</p> 
<p>Similarly, another Twitter user humorously acknowledged that Bitcoin’s price fluctuations had caused even more significant losses. “I can think of a few times where I ‘lost’ 50%+ of my wealth overnight …</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/imagine-losing-8-5-of-your-wealth-overnight-saylor-mocks-turkish-lira/">Imagine Losing 8.5% of Your Wealth Overnight: Saylor Mocks Turkish Lira</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Imagine Losing 8.5% of Your Wealth Overnight: Saylor Mocks Turkish Lira

Coin Edition

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