Castillo Trading
22.5K posts
@CastilloTrading
Co-Founder @playfcl_io • Digital Asset & Blockchain • 8+ years ₿TC Trader • NFA • Partners @BitunixOfficial @Rainbetcom
We have basically seen only bitcoin:native ETF outflows since the beginning of May. Finally, the first week of July, we've started to see a spike in ETF inflows. Does this trend continue? And if it does, do we see more upside on bitcoin:native because of it?
I joined @kgreifeld and @RomaineBostick on Bloomberg today to discuss Strategy’s evolution into a Digital Capital platform, our $3B cash reserve, $STRC, balance sheet resilience, and our long-term commitment to Bitcoin. 01:17 - Strategy’s evolution from Bitcoin Treasury Company to full Digital Capital platform 01:25 - Over 840,000 BTC, $10.5B of $STRC, and Strategy’s responsibilities 01:45 - Why Strategy built a $3B cash reserve after listening to preferred shareholders 02:30 - The path for $STRC: build USD reserves, return $STRC to par, issue more $STRC, and buy $BTC 04:22 - $MSTR’s goal: outperform Bitcoin over time while managing volatility through bull and bear markets 05:41 - Balance sheet resilience and why debt risk is low 06:50 - Strategy’s long-term Bitcoin commitment: “We’re not going anywhere” 07:04 - Bitcoin is bigger than Strategy: 4% ownership, $30–40B of daily volume, and bitcoin sales that did not move the market 08:46 - Software, AI, Bitcoin, and the maturity of a 25-year public company operating inside digital finance
Just some highlights from today's VIP Livestream. Few points I wanted to mention about $BTC and $ETH for the remainder of this week/month of July.
My rules for trading are simple, easy to understand & straightforward. TA is one thing, putting together a profitable trade is another. I teach 3 steps to help this concept. 1 Plan the Trade 2 Patience for the Trade 3 Execute the Trade Our recent $ETH trade show this concept.
I was so sharp and so ready for this fight I cannot believe what has happened. The talk of me being off while walking in to the fight is nonsense. I was calm, ready, and confident. I am in shock what has taken place. The devil is literally staring at me right in front of my face here. I am not engaging. I will be at church tomorrow. I will overcome this. I will not be deterred. I will return.
Tradermayne shares that the meme coin trenches are a mass casualty event. "More people lose money than make money trading. Way more. 80, 90% of people who try and trade get fucking their ass handed to them. 99% of people who trade meme coins get their ass handed to them. The vast majority of you are gonna lose all your money trading meme coins. Pretty much every single one is going to zero over a certain amount of time." Feat. @Tradermayne
🚨 Dana White says there isn't a single hotel room available in Las Vegas because of Conor McGregor's return! 🏨 "One of the owners of a soccer team is in town, and he and his wife said, 'You know what? Let's go to the fight.' They couldn't find a hotel room anywhere in the city. There isn't a single hotel room available. Coming off the White House event, it's looking like the social media numbers will surpass the White House event, which is insane." via: @UFConParamount
