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Ben Ritchie

Ben Ritchie

Sep 1, 2026

0:00
heart, great words from Lisa kicking off the series a couple of weeks ago, speaking about serving Jesus, serving together, serving others.
0:09
Then Monica last week speaking about prayer and how that's been a servant to the Lord as well.
0:13
It was great to have a fantastic 24-hour prayer day, Monday to Tuesday, and thank you so much for all those that were involved.
0:22
It was really brilliant, and we believe that God's going to be answering prayers through that as well.
0:27
It was a great way to serve the Lord.
0:29
And we're speaking about the difference between maybe a volunteer and a servant, or certainly the biblical servant.
BlakeHOST
8:15
Ben, you maybe want to unpack this one.
8:18
Yeah.
8:18
So a, a short position is where you're effectively selling the market in the hope that it's gonna drop and you buy it back for a cheaper price later.
8:25
When the market moves in the opposite direction, i.e. moves up, and I think we saw initially Bitcoin surged about 8%, and it forced a lot of these people who have sold or shorted the market to buy back.
8:38
And of course, when you're buying back and you've got massive amounts of people wanting to buy back to cover their positions, the market moves up pretty strongly.
8:45
So we saw one of the strongest short squeezes that we've seen in, in many years, probably four or five years, uh, in the market, and that kept pushing the, the market higher.
8:55
What we typically see though is when the short squeeze comes through, we, we typically see a bit of a rest at the top and, and we did see that.

11 MINS LATER

BlakeHOST
20:17
So just be careful out there, folks using these things, uh, and don't, uh, invest more than you can afford to lose.

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