Antoine JC

Biotech scientist turned VC investor.
Exploring power laws, technology & human potential.
Investing in innovation, startups & Bitcoin.

[Antoine JC @AntoineJCVC]

@ChizaramNelo FAAHHH

[Antoine JC @AntoineJCVC]

@cryptomanran 8.1591528e+47

[Antoine JC @AntoineJCVC]

@ChizaramNelo TFSA is better. Full custody (cold storage) is even better. Not your keys, not your coins!

[Antoine JC @AntoineJCVC]

@ChizaramNelo I would never sell bitcoin to buy a home. I recently sold my condo to buy more bitcoin.

[Antoine JC @AntoineJCVC]

@AdamBLiv Getting interested in MSTR is a master in financial engineering

[Antoine JC @AntoineJCVC]

@SimplyBitcoin Natalie Brunelle

[Antoine JC @AntoineJCVC]

@ChizaramNelo Invest in Bitcoin what you can't afford to lose.

[Antoine JC @AntoineJCVC]

@ChizaramNelo $15k → $0 is the boomer case. Based on Bitcoin's long-term power law, the bearish case is closer to ~$35k by 2030, not $0.

[Antoine JC @AntoineJCVC]

@GeorgeGammon They also said (I think in the latest Natalie Brunelle interview) that they have the opportunity to sell BTC that were bought at ATH to generate a tax-loss

[Antoine JC @AntoineJCVC]

@ChizaramNelo And don’t get me wrong, just like it is said in the 1st minute of the video I referenced, dividends are an important component of total returns. So no I don’t hate dividends.

[Antoine JC @AntoineJCVC]

@ChizaramNelo I like thoughtful capital allocation that maximizes expected returns on investment

[Antoine JC @AntoineJCVC]

@ChizaramNelo https://t.co/l16tQDBAi3

[Antoine JC @AntoineJCVC]

@ChizaramNelo Dividens are irrelevant, what really matters is total returns

[Antoine JC @AntoineJCVC]

@ChizaramNelo You do you, but I prefer to maximize my total expected returns than limit it in the name of dividends.

[Antoine JC @AntoineJCVC]

@JoeRoganRecaps Cops always ask this silly question: “do you know how fast you were going?”

[Antoine JC @AntoineJCVC]

@TheCADInvestor People treat the TFSA like a savings account when it can be one of the best vehicles for asymmetric bets.
A Bitcoin ETF inside a TFSA can compound tax-free and massively expand contribution room if it appreciates.

[Antoine JC @AntoineJCVC]

@ChizaramNelo Over the last 5y VDY: roughly 17% annualized, XEQT 13%. VDY ended up being a more concentrated (bank + energy) bet that happened to work well recently. VDY is 10+y old, XEQT is 7yo. Theoretically, many would still expect XEQT to outperform long term

[Antoine JC @AntoineJCVC]

@ChizaramNelo Funny enough, products like STRC pay ~11.5% as ROC, not dividends.

ROC is actually very tax efficient in taxable accounts because taxes are deferred until sale (it lowers your cost basis instead of creating immediate taxable income).

[Antoine JC @AntoineJCVC]

@ChizaramNelo Also, if you had maxed your TFSA since inception, a portfolio like XEQT likely would’ve grown your contribution room more than a high-yield portfolio like VDY.

High yield often = lower long-term growth.