The Bitcoin Chart Guy (@TheBTCChartGuy) profile picture

Corporate lawyer | J.D./M.B.A. | B.S. Econ | #BTC | Blockchain | Finance | Stocks | M&A | VC | PE | Not your local #hopium dealer | I’m back and I’m not leaving

Indianapolis, IN
Joined April 2021
Photo by The Bitcoin Chart Guy (@TheBTCChartGuy)Photo by The Bitcoin Chart Guy (@TheBTCChartGuy)Photo by The Bitcoin Chart Guy (@TheBTCChartGuy)
I’m currently only buying and holding spot #BTC and building up my long-term position. Been buying every dip. I think may move some of my spot to my margin account to use as collateral for margin trading again once we’ve got a clear direction. #Bitcoin
I know I haven’t posted any charts, but to be honest, there really isn’t anything to post. I’m not interested in trading this market. All I have been doing is accumulating more #btc, little by little on every 10% drop and increasing my size of buys when daily RSI at or below 30
The Bitcoin Chart Guy retweeted
Why is everyone panicking? Strong $BTC support at $12,000.
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The Bitcoin Chart Guy retweeted
2020 Hot IPOs, % below high Airbnb $ABNB: -38% DraftKings $DKNG: -43% DoorDash $DASH: -55% Snowflake $SNOW: -57% Unity $U: -57% Palantir $PLTR: -58% Rocket $RKT: -60% Lemonade $LMND: -65% JFrog $FROG: -65% Agora $API: -67% BigCommerce $BIGC: -73% C3ai $AI: -73% Nikola $NKLA: -89%
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Well this #TWTR call was a bust. Why I don’t like buying options. I’d rather sell and take the premiums while watching that theta burn. Gambled anyways after a huge drop. Tempted to DCA more but just going to wait it out.
Added to my #TWTR longs today - DCA on June 18 calls @ $70 strike with avg cost of 41c - added June 4 calls @ $65 strike with avg cost of 47c - added July 16 calls @ $70 strike with 59c avg cost hoping for one more day of blood to add more but don’t think I’ll get it #options
There is a lot of #greed in #crypto right now. Starting to get a little fearful myself. That’s why I constantly scale in and out so I can take some of the emotions out of it. Prices don’t just keep going up. If you sell high, you can buy more lower. #StackSats #BTC #Bitcoin
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Added to my #TWTR longs today - DCA on June 18 calls @ $70 strike with avg cost of 41c - added June 4 calls @ $65 strike with avg cost of 47c - added July 16 calls @ $70 strike with 59c avg cost hoping for one more day of blood to add more but don’t think I’ll get it #options
How can you constantly trash someone who controls the company that owns both Duracell and GEICO and Dairy Queen top it off, among many others??? @APompliano
It is possible to think Warren Buffett had one of the most impressive runs as an investor in history, yet also believe that he doesn’t understand technology and hasn’t beaten the S&P 500 in a decade.
Understanding market behavior is just as important as #TA and #fundamentals. Assets/Markets don’t just go up. #FUD will always be stronger than #FOMO and it happens quickly. I don’t believe in just #HODLing. Scale in and scale out. You’ll be much better off in the long run. #BTC
The Bitcoin Chart Guy retweeted
Replying to @stoolpresidente
No, you do not. I have not sold any of my Bitcoin. Tesla sold 10% of its holdings essentially to prove liquidity of Bitcoin as an alternative to holding cash on balance sheet.
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Looks like my $btc buy order at 42k is getting less attention than Peter Schiff in high school #bitcoin #bitcoin50k