Truly A. Wizard

Getting into the NFT Game! 👀 for next big project

[Truly A. Wizard @NFTWizardMan]

@BTCBreadMan You CAP. give proof

[paramount @planvictory]

@saylor Keep them guessing. Why not let it run higher sometimes?

[Truly A. Wizard @NFTWizardMan]

@_Adrian @saylor @phongle Dude I didn't buy STRC to compete against BTC. I would have just BtC for the massive upside. I bought this shit to be stable, not draw down 29% in a few weeks. It's been 1.5 months and I can't liquidate unless a massive loss. Not part of the plan at all. I will wait for par tho

[Truly A. Wizard @NFTWizardMan]

@GrainofSaltSF It appears to me the price action for STRC today seems that a big player is holding the bid, especially around $84. I have a feeling they will announce STRC buybacks next Monday to buy cheap now. Thoughts?

[Truly A. Wizard @NFTWizardMan]

@ChuckBarr15 Bonus but you can lose your initial Capital dummy. Net negative

[Truly A. Wizard @NFTWizardMan]

@Spank117 @scottmelker Couldn't agree more. I am bag holding right now

[Truly A. Wizard @NFTWizardMan]

@AlexSVisram @comic Yeah but the product didn't work as advertised. Fell 29% from par but was marketed as a money market. Those people got wrecked. It traded well under par for weeks, not everyone has massive risk tolerance nor did they sign up for that

[Bit Paine ⚡️ @BitPaine]

The reason I am firmly on Team Saylor is not because I think every single move $MSTR has made is perfect - especially in retrospect, which is a high bar to clear for anyone - but because they tend to respond very quickly to market pressures.

What they are learning is that optionality and unpredictability is king.

Even though shorting fiat against Bitcoin is a winning move long term, the market has and will continue to attempt to box them in and front run specific actions short term.

The more vague their guidance and the more flexibility they allow themselves, the fewer weak points the market has to pressure them.

Ultimately what you want is a company whose only failure mode is bitcoin not succeeding long term.

[Truly A. Wizard @NFTWizardMan]

@danarkans @cryptorover fake account. You got 47 likes on 8 views. OK buddy lmao

[Truly A. Wizard @NFTWizardMan]

@AdamBLiv Hey! I'm still bagging holding from par! cautiously optimistic

[Truly A. Wizard @NFTWizardMan]

@BigpictureBTC @Relic_Vision The dividend is f****** $0.48 bro. Seriously? Are you smart?

[Truly A. Wizard @NFTWizardMan]

@BTCBreadMan Buddy I'm bag holding till near par. Long way to go but cautiously optimistic

[Truly A. Wizard @NFTWizardMan]

@ColeMacro Why SATA and STRC not at par buddy? What happened to your liquidation thesis?? I didn't hear you say anything about that last week. Goofy boy

[Truly A. Wizard @NFTWizardMan]

@ChrisMMillas Yes the key thing that you said is the " commitment to repurchase strc" they need to go ahead and announce that tomorrow with their 8K

[Truly A. Wizard @NFTWizardMan]

@ChrisMMillas You clearly forget the fact that people were sold the dream of strc are not going to continue sitting around when it bled $14 in a week. After 2 weeks of it bleeding $5 a piece. This is not low volatility. People will cut their losses and move on and never return. #buyback

[Truly A. Wizard @NFTWizardMan]

As a holder of $STRC, I am extremely frustrated that @Strategy and @saylor sold a false promise of stability and now sit back while there is no floor. 25%+ capital loss is no where near par. And effectively two years of dividends are needed to breakeven assuming no more downside!

[Magoo PhD @HodlMagoo]

@saylor Work harder $STRC

[Truly A. Wizard @NFTWizardMan]

@BitPaine Strc is already being shorted. What are you talking about? It lost $14 this week compared to last week for an instaprint that's supposed to be near par. All confidence in it is out the window unless they do strc BuyBacks ASAP

[Truly A. Wizard @NFTWizardMan]

@jonwillbanks @BTCoptioneer @GrainofSaltSF @JoeCarlasare @Excellion Theoretically this might work but we are bleeding the capital on a daily basis which makes any dividend rate look extremely unappealing. You have to account for the emotions of people and the only way they will feel good is if there is a floor and the company has their back

[Truly A. Wizard @NFTWizardMan]

@BTCoptioneer Yes it would be accretive. Buying back $STRC at $100 par value debt at $75-80. I mean they bought back their senior note at an 8% discount so technically could do it all the way to $92 if using that precedence. Then increase rate to eventually get to par on it

[Truly A. Wizard @NFTWizardMan]

@BrandonKop82576 @BTCoptioneer Yes it would be accretive. Buying back $100 par value debt at $75-80. I mean they bought back their senior note at only an 8% discount so technically could do it all the way to $92 if using that precedence