When #bitcoin peaks ('24-'25) for this 4Yr cycle, I'm a believer that we will go into a very long winter. Probably 8 years (2033) between ATH's again.
Especially likely if this cycle forms as a broad blow-off.
$SATA is a greater utility than $STRC.
You want seniority in the cap structure -
No one gets a dime before you.
Stretch holders are subordinate to $STRF.
Charlie Munger made $500 Million by reading Barron’s Magazine for 50 years.
Here’s the story:
“I’ve read Barron’s for 50 years and in 50 years, I found only one investment opportunity in Barron’s. Out of which I made $80 Million, with almost no risk.”
“It was a Monroe shock absorbers company, trading at $1 and I sold it at $15 but it eventually went to $40. It was a pure cigar butt company.”
“The Barron’s said it was cheap stock and so I bought it.”
“I gave that $80 Million to Li Lu who turned it to $400-500 Million. So I made that money by reading Barron’s for 50 years and following one idea.”
“Now that doesn’t help you very much, does it? I’m sorry but that’s the way it really happened.” 😂
- Charlie Munger. Daily Journal meeting 2017
mNAV must be a superior metric in measuring "treasury co." performance.
If you're buying a bitcoin derivative -
You want the most sats for what you pay.
$DMGI.NE // if you know you know.
Chris Hohn: "Most industries are bad industries. Maybe there are 200 companies that we consider to be high-quality and investable."
"The one important thing that I've learned in my time in investing is [that] investors underestimate the forces of competition and disruption."
Chart update
Massive 6M ascending triangle 👀
Coming days/weeks will be interesting.
Currently sitting at a key level with a lot a fuel in this rocket. 🚀🚀🚀
50MW LOI AI/HPC
Company under NDA
Any catalyst could have a major impact on the price.
PT 15$
$DMGI $DMGGF
Warren Buffett:
“I like to deal with people where I feel a 1-page contract will do the job.
If I have to have 50 pages in there to protect me against the guy I’m dealing with, I’ll always wonder whether I needed 51.”
Bitcoin isn’t just a bet on the future.
It’s a bet against the average life.
You want financial freedom?
Then stop expecting your friends and family to “get it.”
They won’t and that’s the point.
Just like all prior cycles. Current drawdown from 2022-26 crypto Cycle -
ETH - 69%
XRP - 71%
LTC - 72%
Link - 77%
SOL - 79%
SUI - 87%
ADA - 88%
AVAX - 90%
Way oversold, due a bounce, but all potentially have up to 50% declines left in them this year.
What happens to all those Quad 4 trader models when 10 billionaires say "I bought it. I am not ashamed of it. I intend to buy more." #Bitcoin is not an information network (GOOG), or a social network (FB). It's a monetary network. Let that sink in...