John Chinnock

Former Wall St VP. Now retired in Summerlin, Nevada. I lost my young wife to cancer in 2014. Now mostly just playing games and coaching sports with my son.

[John Chinnock @Happy_John]

The swings involved in concentrated investing are definitely not for the faint of heart, but I picture the swings that the greats like Warren Buffet have gone through with their enormous portfolios and then this all feels like nothing.

[John Chinnock @Happy_John]

I don't have many followers, so I might not get a reply here, but is getting invited to X Money completely random? I would like to sign up if possible.

[John Chinnock @Happy_John]

Markets often act in unexpected ways. Michael Saylor and Strategy announcing a Bitcoin monetization plan where they can occasionally sell Bitcoin to fund cash reserves appears to have put a bottom in for Bitcoin as opposed to creating a cascade of selling. Very bullish sign.

[John Chinnock @Happy_John]

@mikealfred It would be so typical of Bitcoin if it rises all weekend now and then does a gap and go on Monday, leaving most of Wall Street unprepared and forced to chase it higher.

[John Chinnock @Happy_John]

@mikealfred This pullback in Bitcoin and Bitcoin related stocks is highly likely to be seen a year from now as an amazing opportunity that so many missed.

[John Chinnock @Happy_John]

If Bitcoin rises all weekend in the crypto markets and then does a gap up and go straight higher type of move on Monday morning, that would be such typical Bitcoin behavior. It would leave everyone behind and chasing.

[John Chinnock @Happy_John]

@piovincenzo_ The comments section here makes me feel like the bottom is likely very close.

[Golden State Warriors @warriors]

Officially on board @IREN_Ltd

[John Chinnock @Happy_John]

@mikealfred @warriors @IREN_Ltd This feels like a very big deal! Massive exposure incoming. Congrats!

[John Chinnock @Happy_John]

@mikealfred I feel like the entire Bitcoin sector (Bitcoin and the related income ETFs) are all offering amazing bargains here. Looking back in a year or two, stocks like $MSTR, $ASST, and even $STRK are all likely to be far higher.

[John Chinnock @Happy_John]

@scottmelker Great post. $STRK is paying 13%+ right now and you also get the upside of MSTR in case we get a another long-term bull market.

[John Chinnock @Happy_John]

@Masculine_Pulse Post of the year candidate!

[John Chinnock @Happy_John]

I believe that Bitcoin and Bitcoin related stocks and credit instruments are all a great buy here. Excellent risk to reward for long-term investments.

[John Chinnock @Happy_John]

With all of the talk about $SATA (which is great), I think $STRK is being overlooked. 12%+ dividend at this price, and unlike the other Bitcoin credit instruments, you have a chance at large capital gains if Bitcoin goes through a bull run. Very undervalued here in my opinion.

[John Chinnock @Happy_John]

@mikealfred 18-24+ month Bitcoin bull market incoming!

[John Chinnock @Happy_John]

@mikealfred Maybe they try to gap it all down tomorrow so they can accumulate the positions that they want.

[John Chinnock @Happy_John]

My guess is that we get a 12-24+ month Bitcoin rally from here.

[John Chinnock @Happy_John]

@mikealfred That is a great stadium to watch a game!

[John Chinnock @Happy_John]

It's just one day for now, but seeing Bitcoin holding above the prior recent low while the Nasdaq sells off seems like a good relative strength sign for Bitcoin.

[John Chinnock @Happy_John]

@mikealfred I did the same, but with $ASST and $BKKT. Good luck!