Evan Underwood

Stock chart squiggler | $ONDS LT holder | Visual Effects Supervisor for TV | Deep Thinker

[Evan Underwood @EvanUnde]

@theJAXES @financialblade @mikealfred 🤦‍♂️

[Evan Underwood @EvanUnde]

@theJAXES @financialblade @mikealfred Hey I gotta give you credit for just investing on vibes. YOLOOO

Q: Why won’t it hit $55k?

A: “cuz”

[Evan Underwood @EvanUnde]

@CalebWitte4 @theJAXES @mikealfred Exactly. So why is everyone so obsessed with BTC based on past performance where you have to go back a decade to show how amazing it is.

[Evan Underwood @EvanUnde]

@theJAXES @mikealfred Please explain how the price from 2009-2013 changes your thesis. I’ll wait.

[Evan Underwood @EvanUnde]

@theJAXES @mikealfred Hahah oh yes my thesis will now completely change because I wasn’t considering when BTC was less than a penny. That changes everything!!

Of course you purchased it for $0.00008 in 2009 because “VOLATILITY” and have held ever since. Understood! 😂

[Evan Underwood @EvanUnde]

@theJAXES @mikealfred Am I the idiot? What am I missing?

[Evan Underwood @EvanUnde]

Dude, if you want to compare BTC from its infancy until now, yes you win. Nice job. It’s up 22,000%. 👏. What does that matter today or for the future price? It means nothing. Are you saying it’s going to go up another 22,000% in 10 years? Today it feels like dead money. It’s lost the plot.

[Evan Underwood @EvanUnde]

@theJAXES @mikealfred Why not buy any other asset that acts volatile? Seems not very specific to BTC.

[Evan Underwood @EvanUnde]

@theJAXES @mikealfred My thesis is the same as everybody elses but at least I can admit it hasn't quite gone to plan. Please don't tell me your rock solid BTC thesis included it being the same price today as it was in Nov 2021. Stop kidding yourself. It's okay.

[Evan Underwood @EvanUnde]

@donk56181960034 @theJAXES @mikealfred BTC is the same price today as it was Nov 2021 lol. C'mon now.

[Evan Underwood @EvanUnde]

@mikealfred Let’s be honest the opportunity cost of owning BTC has been astronomical this year.

[Evan Underwood @EvanUnde]

I could literally pick hundreds of names from all different sectors and market caps from the last 5 years that have outperformed BTC. Thats not really cherry picking. Seriously who cares how good it was from 2015-2020. You’re living in the past bro.

Again, I’m still holding since 2020 but it’s lagging so many other names I could have been holding instead. It doesn’t deserve the hype it gets now that it’s just an avg asset

[Evan Underwood @EvanUnde]

@theJAXES @mikealfred Who said anything about 10 years? But since we're going there in the last 5 years BTC has increased 85% while NVDA has increased 1,271%. I could go on...

[Evan Underwood @EvanUnde]

@pickupwolf @mikealfred This! Feels like all the juice has been squeezed. AI came along and stole the thunder. I’m hoping I’m wrong.

[Evan Underwood @EvanUnde]

@Eldenbobby @mikealfred Cool story. This year my Chase savings account has been more pristine by about… (checks notes) …. 35%

[Evan Underwood @EvanUnde]

@mikealfred If you want to hang your hat on what BTC did over the last 10 years be my guest. I’ll focus on what it can do for me now while you hold the bags.

P.S. 5% of my net worth is still in BTC.

[Evan Underwood @EvanUnde]

@mikealfred But being up over 100% and not owning BTC sounds OKer 🤷‍♂️

[Evan Underwood @EvanUnde]

@itschrisray Are you not concerned about a “sell the news” event for the SpaceX IPO?

[Evan Underwood @EvanUnde]

@ChairmansLedger 100% agree.