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RE: Why did Elon Musk sell Tesla's Bitcoin at a loss?

in LeoFinance3 years ago

Very interesting read. As I see it there could be one possible reason for selling at a loss. And that is if he wants to avoid paying tax on some other profitable venture. Then he is able to get rid of the Bitcoins at a loss and still do ok.

So many more facets to these things than what we normal mortals have to consider. =(

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Haha isn't that the truth.

Always remember that those of us on the retail side are most likely the slow, dumb money.

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Al I know is my money is not very smart, I have asked it to do even the simplest of tasks and it just sits there...