Johnny Scarcity⚡🌋
1.9K posts

Johnny Scarcity⚡🌋
@JohnnyScarcity
Bitcoin class of 2017 #Bitcoin Not Shitcoins

"I don't think there's anything coming to save bitcoin. The asset just has to survive on its own merits." @LynAldenContact on why legislation and strategic reserves won't drive the next move. The market has to find its own bid.







Started a 1,000 share position in $SNOY today. A lot of people see the yield and immediately bring up NAV erosion. That's a fair concern, but it's not the reason I'm buying it. Just like $CRCO, this is a conviction play first and an income play second. I believe in $SNOW. Everyone talks about AI chips, but AI is only as good as the data behind it. Companies still need a place to store, organize, analyze, and deploy that data at scale. To me, Snowflake is one of the best positioned companies in that space, and I think we're still in the early innings of enterprise AI adoption. What I like most is that both $SNOW and $CRCL feel similar right now. They've spent a lot of time consolidating and building a base while their long-term stories continue to improve. I'm not buying something that's already gone vertical. I'm buying what I believe are quality companies with room to grow over the next several years. Could both stocks chop around for months? Absolutely. Could I be wrong? Of course. But I like the risk/reward at these levels and I'm getting paid while I wait. If $SNOW and $CRCL break out over the coming months, great. If not, I still have long-term conviction in both businesses. That's why I'm here. Also, being in a choppy environment is where covered call etfs thrive. TLDR: Building positions in companies I believe have meaningful upside while collecting income along the way.















Sat down with @coffeebreak_YT today on Bitcoin and Digital Credit. His edit will drop soon. Posting the full raw hour for anyone who wants the unfiltered version. Enjoy











