davidfritch retweetledi
davidfritch
1K posts

davidfritch
@davidfritch3
joined for crypto
Pompano beach Katılım Haziran 2018
221 Takip Edilen457 Takipçiler

@PeterSchiff @saylor Just when I think you couldn’t say anything worse. I’m buying all the mstr I can right now. Selling a rental home for it.
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Despite Bitcoin's mere 12% rise over the past five years, $MSTR is up 68.5%, outperforming the NASDAQ. But that’s not due to Bitcoin’s performance. It’s due to investors’ willingness to overpay for MSTR so @Saylor could keep overpaying for Bitcoin. Sell MSTR before it crashes.
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@ForgiatoBlow47 You shouldn't. None of us should. I don't want to. I just have to consider how much I want to deal with them coming to get me if I don't pay.
I'm ready for an organized tax revolt if you are.
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davidfritch retweetledi

I'm seeing crypto folk falling into the trough of dispair after an abysmal bull market with mainly losers and BTC outperforming their "beta".
Let me tell you a story that tells you why you got screwed. It starts with the end of FTX.
When the bankruptcy folk came in to liquidate FTX assets their mandate was to sell everything. This included vast quantities of locked SOL.
They inadvertently invented something new, selling an asset that was locked up on-chain through the magic of a legal sale agreement (pay me now, I deliver later).
The deal got passed around the ecosystem, fund managers bought up the locked SOL at more than 60% discount to compensate for being locked up and exposed to the token price.
Many hedge funds bought the deal. They knew they could hedge the token price on futures markets by shorting SOL pocketing 70-80% yield at near zero risk (staking + basis yield + token discount).
They liked it and asked where can we get more of this?
Herein lies your PROBLEM as a crypto investor in 2023-2025.
Every crypto project has backers (and a foundation) who has great wads locked tokens that have been sold to hedge funds and dumped on you immediately through futures markets.
All your alpha went to market neutral hedge funds pocketing risk free yield.
THAT IS WHY CRYPTO IN 2023-2025 UNDER PERFORMED
You got dumped on prematurely.
On the bright side many of these projects, even though they have "locked up tokens ready to dump" on paper, in reality they have been sold already, so they will logically perform without the expected sell pressure in the next bull market given they have effectively been sold.
Not that I recommend buying crypto, you need to be an insider to get an edge, it works like a casino, the house will take your money. The house in 2023-2025 were the people who understood this trade. Just buy BTC and get on with your life.
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davidfritch retweetledi
davidfritch retweetledi

Treasury companies soon will likely reach 10x daily mined supply collectively via common stock and preferred ATM raises (much $STRC and $MSTR). Recurring ~20k/btc week buying might over-time turn the market as it absorbs, then overwhelms remaining sellers
bitcointreasuries.net/news/adam-back…
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@danheld If we had a 0% cap gain I personally would sell a little btc (10%) at 500k to put o to strc allowing me to never sell anymore btc ever again. It would be a wash essentially. It would allow me to do what I want and not pay the government anything which is really important to me.
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Get to $1,000,000
Move it to Bitcoin
Turn it into $3,000,000
Move $1,000,000 to STRC
Make $115,000/year for spending
Watch Bitcoin grow your $2,000,000 for forever
Dave ₿ 🌴@palmbtcX
Get to $1,000,000. Move it to STRC. Make $115,000 per year. Why aren’t more people doing this?
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@HodlFlorida Only thing to add is that getting to the first million you should just be buying btc at every opportunity.
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@davidfritch3 @palmbtcX what does allocating at peaks mean? Peaks of what?
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