CZ publicly tweeted about buying 2 million U of $aster that day
Talking with friends, it feels like Lei Jun is risking his reputation to build a car. He's not just buying 1 BNB like Bai Bu; he's using his own reputation to call the shots.
For a while, $aster dropped to CZ's cost price, and buying at that level to sell on rebounds was a no-brainer profit. Then one day, it finally broke below his cost, and even 0.8 couldn't hold steady.
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CZ publicly tweeted about buying 2 million U of $aster that day
Talking with friends, it feels like Lei Jun is risking his reputation to build a car. He's not just buying 1 BNB like Bai Bu; he's using his own reputation to call the shots.
For a while, $aster dropped to CZ's cost price, and buying at that level to sell on rebounds was a no-brainer profit. Then one day, it finally broke below his cost, and even 0.8 couldn't hold steady.