Pingu's Snowball ❄️ 🇬🇧

Here's where all the magic happens 👀 WFH I think it's really important you do everything you can to create the right environment for you to be productive and enjoy your job. 🙌 $SMSN @Samsung UW G9 Neo Odyssey doing bits. 😈 Whiteboard for important tasks for the day. ✅️ And a fridge for a cheeky energy drink on tap. 😂👀 I can have multiple applications open at once for multi tasking, secondary screen hooked up to my personal rig to keep an eye on the markets, you lovely lot, and run YouTube/Spotify in the background. 👍 What's everyone elses WFH and investment set up look like? 🐧

@HunterAllen4 🙌🙌🙌

@PinguStacks Yep tell em fam

I've earnt my stripes 🫡 People outside the $BTC maxi space right now are capitulating like mad, selling their bags and calling it dead. I've seen this play out time and time again, human psychology never changes. Let me take you through my journey... My first $BTC came from NiceHash mining all the way back on January 22nd 2018. Back then you could mine profitably with your graphics card... I had my electricity bill included in my rent at the time (oops don't tell the landlord), so it was literally free sats. Price was £7,641 per coin. I had watched the peak euphoria in late 2017 which brought it to my attention... to then watch it drawdown 85%, from approx. £15,000 to £2,500, give or take. My first purchase, a grand total of £50, was made on March 18th 2018, £5,953 per coin. The wheels were in motion, I was converted to the idea of a decentralised sound money; a store of value that cannot be inflated or taken away from you, that required no central intermediary. Digging through the archives I found my best ROI purchase, £100 spent on 7th February 2019, with a BTC price of £2,617. 0.0367BTC for £100, can you believe it? Even today with the market in a bloodbath that's now worth £1,617, a 1600% return. You see, when you've weathered the storm of multiple crashes, you build conviction and resilience. This is not new to me, I have become comfortable in environments like this, history might not always repeat, but it certainly rhymes. From buying at £2,617 per coin, to seeing it rise to an ATH of £93,529, I've been through it all. The time is now where generational wealth can be made. This $BTC thing isn't going anywhere, the fundamentals have never been better, you are not bullish enough. Do with this information what you will. 🫡🐧

@AdamBLiv Bear market prosper guide... this is the time to buy $MSTR $ASST LEAPs 👀👀

Bear market survival guide: Turn off notifications, turn off your uncle, keep stacking, and remember that everyone who ever sold the bottom did it the week before they would have been right. The market is a machine for transferring conviction from the impatient to the comatose. Be the comatose. Achieve a level of calm that worries your family.

@ThisiswhyweBTC @PunterJeff I have been contemplating converting my remaining GIA portfolio into 2028 LEAPs too, but have never done it before. I get the general idea, but any tips would be greatly appreciated on strike prices, delta to aim for etc. Are you more bullish on $ASST or $MSTR leaps from here?

Going to Prague. 🇨🇿 When $MSTR crashed from $100 → $12 in 2022/23, I bought November and December 2024 LEAPs. Highest strike available was ~$150. 12.5x out of the money. Felt alone until I saw @PunterJeff had the same position. November 2024 — I quit my job selling 60/40 portfolios at one of the world’s largest banks. Since then: • House burned in the Palisades LA fire • $MSTR traded sideways, then down • BTC down But as @TimKotzman says — “I dedicated my life to Bitcoin. I’m all in.” So I started an LLC, Bitcoin Strategy Group (thank you @saylor for the inspiration in grenwitch CT at the family office event! I Hold spot BTC on the balance sheet. Building a media company on top of it — education, consulting, publishing. Honestly? I’ve never been more bullish on Bitcoin than I am right now. The pain is wearing off. Eyes locked on 2028 — $ASST LEAPs, $MSTR LEAPs, $IBIT LEAPs. Strapped in. 🔒 In Paris now. See you at @BTCPrague in a few days. Stay calm and carry on. 🟠 #thisiswhywebitcoin

@michaellebowitz Largely the same argument for gold too...

Someone just asked me how far Bitcoin could fall. I replied: "What is it worth?" I got a blank stare. And there is the answer. Without being able to put a reasonable fair value on it, as it has no cash flows, it's impossible to know when buyers will step in. Could be 60k or could be 6k

@tkzXBT It was bound to happen, if it wasn't saylor it would be all the ETFs to be fair like BlackRock

@PinguStacks there used to be larger holders but now its satoshi then mstr yeah its just not what btc was created for, one entity to own 4-5% of the supply. but im not too worried about it. if he starts approaching 6+% ill start worrying

Time to rustle some feathers, this ones going to have a very divided opinion I can tell already 😂👀 Who's ready for some more transparency and insight into a degen gambler? 🤓 I have utilised £45,330 worth of debt via 0% CCs and low interest bank loans, to accumulate my current portfolio NW of £72,365, as of today's price 💰 3.54% effective interest rate across debt obligations ✅️ Effective 1.6x leverage on the balance sheet ⚖️ Short term obligation risk over the next 12 months stands at £8940, which will be paid off via cash injection and balance transfer offers 🔴 Home equity worth approx 35K due to be ready for deployment JUN 2027 to pay off remaining debt obligations, depending on current market dynamics 🏡 Cash flow per month approx £1000 after all essential bills and debt obligations, estimated 50% of this can be funneled into the market and/or overpayments, depending on currently conditions and tail risk 💸 I am essentially utilising the @saylor $MSTR playbook for my own investment portfolio, paying 3.54% for access to capital investments that I believe will have a higher CAGR than the monthly interest accrued 🪙 No margin call, no liquidation risk, clear plan in place for short and medium term obligations 🤷‍♂️ Flexible cash flow to balance leverage profile moving forwards 💪 If $BTC returned to ATH by DEC 2028 as a realistic estimate, I anticipate a 300% increase on holdings, due to exposure via leveraged $BTC plays within my ISA 📈 With additional capital at £500 a month till DEC 2028, this would result in a projected figure of £325,460 🤑 This would be absolutely life changing money for me. It almost seems too crazy to imagine, but the math checks out 🤔 Ultimately, due to the house sale equity and my stable well-paid career, I believe this strategy has a near zero percent probability of total collapse 0️⃣ If $BTC doesn't recover, I'll take it as a loss, pay off all debt by mid next year, and still not be forced to sell a single position 👌 If $BTC does reclaim ATH within the next few years and I stay the course, I will have created generational wealth for myself 👨‍👩‍👦 Time will tell whether this was the best strategy of my life, or a major bump to my long term compounding ability ⏳️ Do as I say, not as I do... I am not recommending anyone else do this, but I know my own risk tolerance and belief in $BTC 😌 Has anyone else considered utilising cheap debt to invest? ❔️ Leave your thoughts below - let the chaos ensue 😂 Over n out 🫡🐧

There is a big difference between long dated LEAPS and let's say, 7DTEs or something to be fair. With LEAPs there is minimal theta decay, and you can always roll out the option to give yourself more time. It's basically leveraged synthetic stock depending in the delta. Anyway, fair enough I appreciate if you can't say when it will fail, shorting doesn't make sense for you. Do you not hold any covered call ETFs for income like JEPI/JEPQ?

@PinguStacks Yes it is because I have no idea when. Nor do I pretend to. I also don't suggest anyone trade options. One of the reasons retail investors stay broke.

$MSTR is a pile of steaming garbage. It looks like people don't care about Saylor, they just want his crypto vault. They are using unwitting buyers to stay afloat by marketing hype. You're better off just buying crypto. Without share dilution, the company would collapse.

@ViralMuzik1989 @BitcoinTeacher_ Too late now 🤓 Will be porting remaining GIA stocks into LEAPs if we go deep into the 50s 🤷‍♂️ 200WMA is a good entry price for long term hold imo, even if it goes down from here

@PinguStacks @BitcoinTeacher_ Bro the puts are piling up on MSTR, tread carefully

HOLY CRAP. $MSTR who is a buyer here? You actually think they get liquidated? Cmon now…

@FindleysFinance If you *know* it's a ponzi, and you *know* it will fail, then why wouldn't you look to gain life changing wealth from shorting it? You don't like money? It's not gambling if you *know* they will fail.

@PinguStacks Nope. I'm not a gambler. I don't buy tickers or options, I buy businesses.

Saylor has always been the easy target during bear markets. I think a lot of people got burnt on the mNAV compression during the @RealJimChanos days and personally held Saylor responsible. In my eyes he's one of, if not the biggest advocate BTC has ever had. Hundreds of hours of content, pioneered the treasury strategy, the digital credit innovation. He doesn't get enough credit for all the positive things he has done for BTC. But everyone wants a scapegoat when they're down on their portfolio looking for someone to blame. Fundamentals have never been better.

This price drop surely caused frustration, after the realization that the 4-year cycle and bear market remain intact. It’s ironic to see this frustration directed at @saylor and Digital Credit, which has been the main source of demand in this bear market.

Let's just put in a random date, January 1st. Bitcoin: $88,700 → $61,458 = 30.7% decline STRC: $100 → $93.40 = 6.6% decline I'd still say the vol was stripped 🥱

@CanazUK @Michaeljdobbin @80IQConviction I haven't bought any yet haha... I am theorising whether to sell my last remaining stocks in my GIA (about £13K) and throw it on 2.5 year MSTR leaps *if* we went down deep into the 50s. You can trade options on robinhood 🫡

@PinguStacks @Michaeljdobbin @80IQConviction What platform are you using to buy leaps? This is another level of degen I need to explore 🤣

What a lovely end to the week 🙄😂 £4,423 down on the day 🔴 If you don't laugh you cry haha... lets hope for a better week next week 🫡 $BTC appears to be up $2,800 in the last 2 hours alone... whether this is a dead cat bounce or a true recovery remains to be seen 🤷‍♂️ Low liquidity over the weekend so should have better confirmation on market open next week. 👌 Either way, the fundamentals haven't changed, my conviction hasn't changed, we continue 👍 In all honesty though, this looks tragic but it's really not. My portfolio has been at a loss since November last year when $BTC decoupled from the NASDAQ 👀 My largest holding, $MSTR, was trading at $190 1 month ago. My breakeven is now $150 due to aggressive accumulation. Prior ATH was $550+... that's a lot of room for profit 🤓 I will most likely be at breakeven point at a $75K ish $BTC price... we were at these levels only a few weeks ago 🙌 It's no biggie 🐧🫡

Exactly... It is a medium term instrument and working well considering underlying BTC price action. Yield will rise according to VWAP to help bring back to par, as will bimonthly payout and a recovery in the underlying BTC At the end of the day, holding STRC during this period dampened your downside risk dramatically compared to spot BTC. You are preaching to buy spot BTC on your platform, whilst highlighting STRC actually outperformed BTC during this period. Don't throw shade on Saylor to promote your own product.

@MTanguma Bitcoin ≈ 21.2% drop STRC ≈ 6.6% drop

Six weeks ago we published the math. We said par wouldn't hold. We got told we didn't understand the trade. STRC traded as low as $91.86 today. The "yield" you earned evaporates the second you sell to get your own money back. They said this was for boomers' retirements, for people who can't handle the volatility, for capital pools that 'need' fixed income. Now everyone is starting to actually understand the risk. There was always a simpler trade: own your Bitcoin, earn rewards on your cash. That's why we built @OnrampBitcoin, Onramp Finance, and focus on education. Sign up below for the simpler trade and use code STRC for an extra 50,000 SATs when you complete your first bitcoin buy.

What are your plans for $BRR pomp? I think the share buy back was a great move... but what is in the pipeline for the company? Have you considered utilising the digital credit model $ASST and $MSTR have pioneered? I believe you're a great advocate for bitcoin and admire your drive, but it would be great if you could outline how you will increase BPS and justify a large mNAV premium in the future. Thanks!

.@ColeMacro believes "digital credit could be the most important asset in this transition period [from fiat]. Smoothes it out, minimizes the volatility." "People see where it goes but you don't have to make as hard of a prediction about when it happens. You don't have to ride as much volatility." "If that thesis plays out...digital credit could accelerate hyper-bitcoinization."

@Michaeljdobbin Yeah if anything I'm the opposite scrambling around to find more cash to buy at a discount... or strategising with @80IQConviction about how I'm going to throw it all on LEAPs 😂😂😂

@PinguStacks The trick is not to get scared. People panic sell and then paper losses become real.

@AFCTMG Good luck 🙌🙌

@PinguStacks I personally think we could see lower prices still to come for bitcoin:native at which point I’ll start aggressively buying $MSTR I think 🤝

Who knows mate 🤔 I'd be surprised if we fell below $50K personally, bottom could well be in at $59K, too early to tell. Either way whether you're buying at $50K or $60K... when it's back to $125K and beyond, you'll be glad you entered here and won't be sweating about the exact entry point 👍

@PinguStacks Is $59k the bottom?

@PinguStacks This is mental mate

To be fair, historically there was actually more concentrated supply due to early adopters having massive stacks. And you have to remember that as a public company, there are millions of retail shareholders that indirectly own the BTC, as they essentially own a small part of the company. Saylor doesn't personally own that bitcoin, we all do. Shareholders just trust the business to manage the balance sheet to accrete BPS... but I do get what you mean 👍

@PinguStacks yeah that would be the reason. i think he sold those 32 bitcoin the other week just to prove it was doabale. i think hes chilling. i dont like him cause hes gathered 4% of supply but i think hes safe from the liquidation fud