The fixed income market has its new best friend, Bitcoin. @PrestonPysh explains how @MicroStrategy is building a durable, win/win partnership with fixed income investors. @efenigson breaks it down with Preston.
Three charts to contextualise how different investor cohorts are reacting to this sell-off.
Simple framework:
- Coins below $60k are in profit (old hands)
- Coins above $60k are in loss (top buyers)
- These charts show who is spending.
Goodnight.
When signing up for @_signalstation you can claim your profile and authenticate it's you by using the X OAuth. There's > 100 profiles created and assigned 1 or more signals. Every day I'll call out 3 individuals. Today is @APompliano@Scaramucci@AviNMash.
Join the Beta.
@SemperVigilant1 In layman’s terms: Amazon’s stock crashed 95% before becoming one of the most valuable companies in the world. The stock price was falling while the business was strengthening. Bitcoin often experienced soemthing similar.
“In an autonomous world you know Bitcoin I believe is perfectly situated to be that pristine collateral of choice for the agents and these autonomous institutions.” @ericjackson
Bitcoin will be the network that feeds abundance. It was purpose built for an AI revolution. Tune into @IIICapital and Eric talk shop. This is my favorite flip that highlights the utility of Bitcoin in a world dominated by agents.
Sometimes opportunities present themselves on a regular basis.
"During such scary periods, you should never forget two things: First, widespread fear is your friend as an investor, because it serves up bargain purchases. Second, personal fear is your enemy. It will also be unwarranted." - Warren Buffett