Street__Sweeper

@devilwhitt @RonSwanonson His goal is to act in the best interest of his shareholders.

@RonSwanonson What is his goal though, is 5% of an currency that isn't controlled by all banking systems in the world bad? Do we want power and control? Or is he reaching for power and control?

Everyone for years: “Buy as much Bitcoin as you can while it’s cheap!” *Strategy buys more Bitcoin then everyone* Everyone now: “Wait, not that much… They’re buying too much! This is bad for Bitcoin”

STRC can not hit $100 for several months to years, and Strategy will be just fine. They have no shortage of capital. And before all the “ZOMG they’re gonna sell all the Bitcorns!” comments, Strategy can sell portions of BTC just for dividend payments, and still be profitable through the underlying longterm asset appreciation

I have a serious question. What happens if STRC doesn't go back to $100? The way I see it is a follows: - Holders of STRC receive the dividend regardless of the price. - If STRC doesn't go back to $100m then Saylor can't sell more to buy BTC. - That is bad for BTC because the market will realize that the biggest buyer can't raise cash. -If STRC has one or 2 months where it doesn't hit $100 the market realizes that its not actually worth $100, it could be worth $70, $50, who knows... - As soon as that happen we get a death spiral of sorts where Saylor has to keep raising the yield to try get it back to $100. The only problem is that the more he raises the yield , the more BTC he may need to sell... What am I missing? Serious comments only please.

@AshCrypto And yet SATA is at 100 ✨

Stocks are DUMPING. Gold is DUMPING. Silver is DUMPING. Bitcoin is DUMPING. Fiat is losing value. How the hell are we supposed to make money in this market?

@ryQuant Sounds like you can make a lot of money selling covered calls, then. Godspeed

Perhaps $ASST never makes a new all time high. It would have to go up by a factor of 17 just to break even.

@ZynxBTC MOVE index still only at 86. Treasury volatility spiking to levels north of 115 has been associated with intervention points in the past.

What's taking them so long to print the money? Treasury yields are up massively in the US, UK, Germany, Japan... basically everywhere. Yield curve control is almost certainly on the way. You might want to own hard assets.

Many people don’t have the ability to outperform because the majority of investable income for many Americans is allocated to retirement accounts requiring index allocation. Add to that many simply don’t have the desire to invest their own money due to a whole host of emotional reasons. That doesn’t mean they don’t have the innate ability to perform the work to gain an advantage. This discussion isn’t for those people that have to abide by the fund manager’s compliance rules. This discussion is for the person on X who has the disposable income, and an interest in investing. That’s the individual that can outperform.

@StreetSweeper_3 The vast majority dont. Making the S&P a great investment

I own individual stocks. I enjoy learning and investing in individual companies. But I still believe most people would outperform themselves by just buying $VOO consistently. Ego can destroy portfolios just as fast as bad companies can.

@Alleninvests And yet, there are individuals that still outperform, persistently year over year. They tend to generate a decent amount of wealth. My argument was never that the average individual doesn’t outperform the stock market.

@StreetSweeper_3 It’s not. My argument is validated every year. In the 1-year period, about 35%–45% of active large-cap stock pickers beat the S&P 500 in a typical year That means about 55%–65% underperform in most years. It gets worse the more you zoom out.

@Alleninvests Your data is recycled marketing materials from index fund managers still living in the 90s. How much time does someone have to outperform with stock picking for your argument to be invalidated?

So beating the S&P one day is outperforming the S&P…. Cmon bro. Most people don’t outperform the S&P in the one year. Also, that’s not my argument. That’s the data. My stock picks right now are beating the S&P. Do I expect that over the long term??? No. I don’t. Nor should I based on the performance over time

Doesn’t have to be a day old. Your argument is that the vast majority of people can’t pick stocks that outperform the market. I’m giving you multiple stocks right now that outperform on a nominal, and then even more on a tax deferred basis: STRC, SATA, STRD, STRF. Note that none of these are common equity. If I pick a stock today, and I start outperforming the market, how many years have to go by before your argument is invalidated? Here’s my answer: doesn’t really matter to me. I could care less about spending 75 years to see if I’m proven right. All that matters is that wealth is generated.

@StreetSweeper_3 Most don’t outperform. 11.5% is the S&P’s return over the last 75 years STRC isn’t even a year old yet.

@Alleninvests I can pick a stock right now. It’s not hard. STRC delivers 11.5% annual tax deferred, and has a better sharp ratio than the majority of hedge funds. Oh, and it beats the S&P500.

@StreetSweeper_3 If losing to the S&P 500 meets your definition of wealth generation, the sure. 90% underperform the S&P500. Average investor averages 4-6%. S&P averages 10

@Alleninvests If modestly outpacing inflation meets your definition of wealth generation, then sure. The average person has to realize multiples in net worth appreciation to experience a significant change in their standard of living.

@StreetSweeper_3 The S&P is not wealth preservation It out performs stock pickers and is one of the best wealth creation tools out there

@FinanceFreeman You’re right. Couldn’t imagine turning a $500 million balance sheet into $64 billion of liquid capital in 6 years. Kinda feel bad for the guy.

Imagine buying bitcoin for 6 years and your average price is $75,700 per $BTC ☠️

@BTC_broo @Strategy Math is hard.

Bitcoin did more than $220B in trading volume last week. @Strategy is responsible for only 1% of all last week's trading volume. Why can’t people understand this?

@stockpickz_hq The question is why. The reflexive “buy the dip forever because it always worked out for my gam-gam” ignores potentially critical regime shifts that can wreck long term performance. Check out 1970s S&P 500 performance, or Nikkei 225 over the last 35 years for a taste.

If the market dropped 40% tomorrow, would you buy more or sell everything?

@barkmeta Yeah. I’m seeing many more posts asking if it’s smart to retire now and put all of their net worth into long term bonds. But alas, follow the wisdom of bees. Bees don’t waste their time explaining to the flies that honey is better than shit.

I’ve been in Crypto for 7+ years and I have never seen people this bearish while prices are this high. Everyone thinks it’s over. Everyone is exhausted. Barely anyone believes in crypto anymore. If you’ve been here long enough, this is a VERY good sign. Keep accumulating…

@BitcoinTeacher_ I think we go back to bed til the Fed blinks.

Tough -7% week for bitcoin as we saw 82-84k get rejected pretty quick and fall to 76k. Does support at 74-76k hold here? Or do we go back to 68k?🤷🏻

@ts_hodl The next best thing to a perpetually appreciating asset is fixed term, long duration debt that devalues right alongside that bad boy.

Paying off a mortgage early feels responsible, which is why the argument is so sticky. You look at the payment, imagine it disappearing, and call that peace of mind. I get the appeal. Nobody likes owing money, and a paid-off house sounds like the cleanest possible version of adulting. But a fixed-rate mortgage is strange debt. Your payment is locked in for decades while dollars keep getting cheaper, your income and assets may rise, and the real burden of that loan slowly gets lighter. The bank gave you long-term leverage on an asset you were probably going to buy anyway, and the terms cannot be yanked away because markets had a bad Tuesday. The expensive part is what you give up. Extra principal payments earn whatever your mortgage rate is. That may be fine in isolation, but FIRE is about building a liquid asset base that can fund your life, cover bad years, and keep compounding while you still have choices. A paid-off house can lower a bill, but it cannot buy groceries unless you borrow against it or sell it. Bitcoin, stocks, and cash can be sold in pieces. That flexibility is security too.

@theficouple Yeah, the choice isn’t that obvious. The Dave Ramsey playbook is atrocious for building real wealth in an inflationary world.

I have seen people with huge mortgages and they are very stressed. I have seen people with paid off homes and they have a lot less stress. ..The choice seems obvious.

@shaguncrypto If maintenance and taxes aren’t already killing you, consider a heloc, invest all the funds tax free. The debt will depreciate nicely with inflation. Not financial advice of course—I’m just a guy sweeping streets, but if I had more than a broom to my name, I’d be eyeing that.

Bitcoin at $75k is making me rethink everything. Sell second property $600k after taxes & closing. Buy roughly 4 BTC Rest in $STRC for monthly cash flow Bitcoin reaches $1M over the next 10-15 years That’s $4M in BTC alone Meanwhile $STRC keeps paying yield