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thread · root 13c6f51f…a8cc · depth 3 · · selected 73a403c3…d6b3

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root 13c6f51f…a8cc · depth 3 · · selected 73a403c3…d6b3

05e90eff47c1 -- 5mo [parent] 
|    One of the notable reasons 2025 underperformed is a lot of Bitcoin capital was coaxed into buying expensive
|    Treasury company stocks, which then proceeded to decline by 90% or more, incinerating value.
|    
|    The firms didn't buy BTC volumes anywhere close to the amount investors gave them.
|    
|    Stay humble, stack sats, is the wisest meme in Bitcoin, and it comes from the experience of Bitcoiners who have
|    already learned this lesson.
|    
|    The new shinny thing is there to take your Bitcoin. Everybody is a scammer. The solution, is to stay humble, and
|    stack sats.
|    
|    The promoters will return.
|    Ignore them, they want your bitcoin.
|    
|    Stay humble, stack sats, and focus on your craft and family instead.
|    
|    note:13c6f51f…a8cc
|    reply [1 reply]
1bda7e1f7396 -- 5mo
Seeing David Bailey brag about top blasting a bn, which was actually not a bn, nor done on the timeline he set,
should be a nice reminder. These are not proven management teams, or even prior public market participants.
Before becoming a treasury co every shell or penny stock was trading at a discount for a reason. I for one am
not taking the time to vet for skeletons when I could just own the underlying.

Now my question is how low do we go before we start popping treasury companies?

I understand it is cold hearted but I enjoyed buying the Luna, 2AC, FTX (etc) liquidation cascade and I would do
it again if I got the chance.
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