Simon The Trader

Pro trader and investor. Sharing daily market insights, stock picks, and cycle analysis. Follow for actionable alpha in stock and crypto markets. Bitcoin OG.

[Simon The Trader @sithetrader]

Told you so! You should have listened! Last chance! 4 year cycle is dead!

$BTC $Crypto

[Simon The Trader @sithetrader]

One of the dumbest things I’ve ever read.

[Joe Carlasare @JoeCarlasare]

Folks don’t understand this.

If the 4 year cycle theory doesn’t break, there’s zero reason to hold bitcoin. It’s a trade and nothing more

[Simon The Trader @sithetrader]

@BiTSHaMMy Can’t see how this holds, Vix and dollar popping up and stocks pulling back also. Fully expect fresh cycle lows for BTC at this point.

[Simon The Trader @sithetrader]

@sometrader78 You’re right 😂😂😂

[Simon The Trader @sithetrader]

🎯

[Simon The Trader @sithetrader]

Short ZEC.

[Simon The Trader @sithetrader]

Yeah guys, just keep on holding those underwater shitcoin bags. They might fall another 95% but one day they might come back, so just hold on tight.

Seriously?

[Alex Becker 🍊🏆🥇 @ZssBecker]

The bad news : Crypto is the worst thing on earth right now.

The good news : If it ever comes back, any buys the past few months will print back breaking gains.

Darkest before the dawn or some shit like that.

[Simon The Trader @sithetrader]

@saylor @TNorth @PunterJeff @AdamBLiv Scammers stick together.

[Simon The Trader @sithetrader]

@saylor Volatility also punishes greedy investors with no risk management.

[Simon The Trader @sithetrader]

@FefeDemeny @saylor Factually it is accurate though. You might not like the way they have presented the data, but it’s facts, not BS.

Unsure why you’re defending Saylor, the man is a liar and a fraud.

[Simon The Trader @sithetrader]

@SleazyTutor @BiTSHaMMy Agreed. And I have the same opinion. However I think there is a higher chance he gets into trouble this year now since he exhausted his dividend cover. It could be starting already as I can’t see how he raises cash without selling more BTC. And like you say, BTC = lower, simple.

[Simon The Trader @sithetrader]

@BiTSHaMMy Definitely, let’s do it.

[Simon The Trader @sithetrader]

@saylor Back to dump more Bitcoin.

[Simon The Trader @sithetrader]

@TobyJReily @benjamincowen Hi Tobias. Same to you. And yes you can be correct, it could be short lived and alongside a high amount of FUD, if so that would create a buying opportunity. I’m taking it as it comes.

[Simon The Trader @sithetrader]

@jasonpizzino @benjamincowen Aka the Pizzino sentiment indicator.

Seeing as you attract nearly identical levels of abuse on this platform.

https://t.co/e6JzAptt8w

[Simon The Trader @sithetrader]

Crypto feed is full on euphoria after BTC tagged $80k.

Lows are in? New highs this year? Bears are rekt? 4 year cycle is dead?

Insults at anyone not perma-bullish are flying.

They all told you so!

@jasonpizzino @benjamincowen

[Simon The Trader @sithetrader]

@benjamincowen I did.

The Cowen sentiment indicator is a very useful tool.

https://t.co/e6JzAptt8w

[Simon The Trader @sithetrader]

Crypto feed is full on euphoria after BTC tagged $80k.

Lows are in? New highs this year? Bears are rekt? 4 year cycle is dead?

Insults at anyone not perma-bullish are flying.

They all told you so!

@jasonpizzino @benjamincowen

[Simon The Trader @sithetrader]

@TobyJReily @benjamincowen This is a ridiculous chart, and you know that. There is no reason BTC can’t fall to $40k or even lower. There is no floor to Bitcoin’s price, there are no assets, no cash flows.

[Simon The Trader @sithetrader]

Billions*

Via STRC he has raised $17.51 billion.

[Nick Huber @sweatystartup]

>Guy borrows hundreds of millions to buy bitcoin at 11% interest.

>Bitcoin doesn’t produce any cash for said guy to pay the interest.

>Everyone surprised when it all goes belly up.

You can’t make this up.

[Simon The Trader @sithetrader]

I tried to warn people.

And I think this is just the start.

[Simon The Trader @sithetrader]

MSTR is currently at $183.80.

- 80% off year lows.
- 30-40% dilution per year.
- Backed only by a currently declining asset (BTC).
- $1 billion annualised dividend obligation and rising.

I’d never advise shorting such a stock, but the downside risk is screaming at me here.

[Simon The Trader @sithetrader]

Short ZEC.

[Simon The Trader @sithetrader]

Race to the bottom.

[Lookonchain @lookonchain]

JUST IN:

Tom Lee (@fundstrat)'s #Bitmine is down $8.9B on 5,416,901 $ETH ($10.03B).

Michael Saylor (@saylor)'s #Strategy is down $7.6B on 843,706 $BTC ($56.26B).