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Right off the bat, it was several million dollars, with leverage stretched out longer than my pay stub. What do you think he’s after? A revival of the inscription narrative? Another rally from the exchange? I don’t know. I only know that if his position shakes a little, a 1% move would be enough to cover my monthly salary.
He can stomach that unrealized loss because, to him, it’s pocket change anyway.
You rush in after him? He watches the show from shore while you flail around in the water.
In a setup like this, I’m happy just watching from the sidelines. Don’t put yourself in his shoes. $ORDI