Big picture guy | Manager of the World’s #1 Performing Multi-Strategy Hedge Fund (Vailshire Partners LP) in 2024 (per BarclayHedge database) | Physician (Radiologist; retired) | MBA (finance) | Christ-follower | Bitcoin is better money for a better world I generally don’t respond to DMs.
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npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l Profile Code
nprofile1qqst0xtvrqlqxm0j0qpfgkuqh0wgkzl4judkvgdgd0e4d8pnyytlqlgppamhxue69uhkztnwdaejumr0dsqs6amnwvaz7tmwdaejumr0dskdfgaj
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2025-03-19T22:32:04Z Event JSON
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Last Notes npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff STRONG OPINION: Bitcoin has clearly entered the global Store of Value phase. US magacap technology stocks will slowly lose their SoV status (which they’ve enjoyed since 2009) over the coming 10-15 years. Everything that is good for gold is 10x to 100x good for bitcoin. #nevent1q…t4mu npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Great post. ⚡️ npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff For your ongoing consideration... 👀 - Sept 1930 - May 1971 - Aug 2001 - Dec 2024? Sound money + Hard assets vs. Stocks + Financialized assets Portfolio managers take heed. #Gold #Bitcoin https://m.primal.net/QMHz.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I’ve been in full-recluse mode lately, trying to wrap my head around the massive monetary and financial shift that is currently underway… along with its geopolitical ramifications. The only other macro person I hear talking about it is Darius Dale, so I recently resubscribed to his research service. *Strong recommend* In short, it’s becoming increasingly clear to me that we (may) have just entered a period of long Global Hard Assets vs short US-based financialized/fiat assets, similar to the 1930s, 1970s, and 2000s. The investment implications are profound and, likely, long-lasting. 🍿 #FourthTurning npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff What I'm watching... 👀 The U.S. Bond Market Option Volatility Estimate (MOVE) index is currently spiking, suggesting increasing instability in the Treasury markets. The Federal Reserve and, especially, Jerome Powell have remained complacent about the U.S. economy and the FOMC's "neutral" positioning. However, the Bond Vigilantes disagree with this complacency... and will likely force the Fed's hand to act dovishly in the near future. #QE incoming. 🍿 https://m.primal.net/QIbF.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff GM. Although I have been thoroughly enjoying my break from social media, I thought I would post a quick update on the #Bitcoin magical line chart. OPINION: #bitcoin, as priced in US dollars, continues to show remarkable strength during this *anticipated* period of consolidation since its 20-Jan-2025 high. As the green line shows, we continue to see a series of higher lows IN SPITE OF EXTREME MARKET UNCERTAINTY AND FEAR. This is exceedingly bullish behavior. Could the price break down temporarily to the $70k-75k range? Of course. But I would view this as an incredible short-term buying opportunity... and, importantly, I am not expecting this to happen. Based on M2 global liquidity and sharp movements in the US dollar, I still anticipate new all-time highs for bitcoin sometime between mid-May and mid-June 2025. Could I be wrong? Of course. But this remains my highest probability expectation, even (and especially) IN SPITE OF EXTREME MARKET UNCERTAINTY AND FEAR. I hope this commentary helps. Back to my break from social media. Onward and upward. https://m.primal.net/QEJk.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Take some initiative… or life will pass you by. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I would have recommended that #GME buy a significant supply of #bitcoin first with a part of their $4.5B+ as a treasury reserve asset, but here we are. Otherwise, they will likely follow the #MSTR playbook to a tee. Milking the public bond and equity markets to buy #bitcoin... You love to see it. I'm here for it. Onward and upward as Bitcoin consumes Wall Street from the inside out. https://seekingalpha.com/news/4425452-gamestop-announces-proposed-private-offering-of13b-of-convertible-senior-notes npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Both asset classes are very sensitive to liquidity… so I’m not looking for a significant divergence. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff WARNING: THIS IS NOT A BITCOIN-RELATED POST. READER BEWARE. Some notable equity position "sells" in Vailshire Partners LP hedge fund in recent days/weeks: - #AAPL - #GOOGL - #MSFT - #NVDA - #QQQ - #TSLA In general, the so-called #MAG7 stocks are rolling over and losing momentum after years of outperformance. Whether or not they bounce and regain their dominance among equities in the near future remains to be seen. Until their upward momentum resumes, they will ride the proverbial pine on my fund's watchlist. Onward and upward. ⚡ npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff CONFUSED ABOUT THE US ECONOMY? HERE'S WHY. A fantastic chart from Hedgeye and Bloomberg, depicting the strong divergence of Hard and Soft data. The actual ("hard") data--especially in the form of "economic surprises" (to the upside or downside)--have been steadily improving since mid-March 2025. Meanwhile, the sentiment ("soft") data has fallen off a cliff since late January 2025. LESSONS: - To succeed as an investor and/or saver, learn to place facts over feelings. - Trust the hard data... not histrionic, politcally-motivated opinions. - Invest in the future, not in the present or (especially) the past. https://m.primal.net/PuAV.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Two important observations: 1. The 5-Year CAGR of #bitcoin is clearly diminishing over time. 2. For the foreseeable future, bitcoin's CAGR is likely to far outperform that of most, if not all, other major asset classes. #nevent1q…fjc8 npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff GM #nostr family. ☕️ Save in #bitcoin. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff "You are designed to see glory, and to be much satisfied by it." - John Piper npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Great chart. ⚡️ npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff As for me, I now like the stock. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff UPDATE: An epic, textbook breakout for #MSTR. I don't make the rules... just observations. 👀 Onward and upward. ⚡ https://m.primal.net/Psxc.png #nevent1q…z0s2 npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff The 2024 financial audit is finally complete. 👀 For Vailshire Partners LP hedge fund (which I personally manage), the 2024 total (net) return after Performance Allocation to the General Partner was: +198.85% 🔥 Per the BarclayHedge database of funds, Vailshire Partners LP was the #1 performing fund in the world for 2024. Shout out to #Bitcoin and congrats to the clients (LPs) of Vailshire! Onward. ⚡ **(Not a solicitation to invest. Limited partners must be accredited investors and qualified clients.) https://m.primal.net/Psan.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Can confirm that #nostr is the future. ⚡️ #nevent1q…j5d8 npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff That’s a lot of leverage on a highly volatile underlying asset npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff What I'm watching... 👀 A major upside breakout underway for #MSTR or nah? Either way, I'm here for it. 🍿 (Note: As a leveraged bitcoin proxy, MSTR tends to slightly front-run bitcoin itself.) Onward. https://m.primal.net/Plhp.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff The delayed effects of massive dollar strength into mid-January 2025 are coming to an end. Economic surprises should start moving from bad to less bad. This is bullish. #Bitcoin--the world's freest market--will be among the first assets to respond accordingly. https://m.primal.net/PlTL.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Few understand that the United States is the #1 subsidizer and exporter of Malnutrition- and Obesity-Related Illnesses (#MORI). Honest mistake? Or by design? npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff GM #nostr family. ☕ Defund and downsize central planners. #Bitcoin npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff What I'm watching... 👀 The #MSTR chart continues to look clean. Demarcated with magical lines and technical points of interest (blue arrows). For infotainment purposes only, obviously. Onward. https://m.primal.net/PkTS.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff lol… Bloomberg needs to get their facts straight. Look up Vailshire Partners LP on BarclayHedge data base. #nevent1q…a0yj npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff As for me, I like the corn. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff 👀🍿 #nevent1q…m6t6 npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I know that I'm not supposed to show charts with magical lines and other TA nonsense ("astrology for men")... But here we are. 👀 #MSTR might pop-off... and soon. 🚀 I don't make the rules. I just draw the magical lines. Also, I am wrong a lot. So do not take any of this infotainment seriously. Onward. 🍿 ⚡ https://m.primal.net/PjQi.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff March 18th, per @npub1s5y…6q7z npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I’m sure glad I spent a couple of hours last weekend uploading recordings on my live streams to @nprofile…esl8 lol… 🤦🏻♂️ In a value-for-value world, it’s humbling to know that I provide exactly Zero value, based on sats and suppporters. 😂 https://m.primal.net/Piyb.jpg npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Uniquely inelastic, decentralized, and secure, #Bitcoin is international energy money. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff There will be signs. https://m.primal.net/PhMK.jpg npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff PSA: This would be a good day to unfollow me. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Per YouTube analytics: One month in to my low budget, non-advertiser, just for fun Live Stream infotainment channel: - 9 live stream videos - 47,800 total views - 3,052 subscribers - 270k impressions I have no end goal with this project and may stop doing the live streams at any time... but it's fun to see the "humble beginnings" metrics in real time. Onward. ⚡ https://www.youtube.com/@DrJeffRoss npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Episode #9: Market Tantrum Almost Over? I felt compelled to record another live stream with my updated #macro views... and how they related to #bitcoin and risk assets. TL;DR - The economic and market-based tantrums are almost over. - Many tech stocks and bitcoin at oversold levels. - Highly enthusiastic about #bitcoin at current price levels. - Increased monetary easing around the world. - The bull market hasn't even begun... but it's coming (very) soon. This episode was live streamed to @nprofile…gn5a and YouTube, and will be uploaded shortly to Spotify and @nprofile…cgkr . Here's a link to the show, in case you missed it: https://www.youtube.com/watch?v=IBhDQAACorQ&t=2993s npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff GM #nostr family. ☕️ (Purchasing) Power to the People. #Bitcoin npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff As Bitcoin circular economies multiply and grow, they will eventually become The Economy… as in the world’s economy. As this parallel reality increases over time, then government fiat currencies, and their associated economies, will literally cease to exist. The future is already here, but only a few people yet realize it. Until they do, help build and support Bitcoin circular economies. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff It's confusing during the fiat-to-Bitcoin transition period. But someday the dollar won't exist. The sooner we start thinking solely in bitcoin terms (not btcusd), the sooner a worldwide Bitcoin standard will become a reality. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Individual, companies, and exchanges can use whatever unit of account they wish. In the US, and much of the world, the US dollar is the primary unit of account. Bitcoin, as you know, is a distinct and better form of money. While it is difficult to accomplish in the current transition period--with both government fiat currencies and Bitcoin--it is not impossible to price everything in bitcoin (not BTCUSD) terms. As bitcoin (not BTCUSD) markets and exchanges grow, bitcoin will increasingly be known and used as the world's preeminent UoA. The businesses that figure this out and implement it will be among the first to benefit from it. I strongly believe that, in the coming decades, all goods and services and businesses and stocks will be priced solely in bitcoin... not in USD or btcusd. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Not BTCUSD… which is ultimately just priced in USD. Priced in bitcoin. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff You hate to see it. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff No fiat. Everything—all metrics—priced in bitcoin. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Serious question: Who is building a public stock exchange that is (appropriately) priced only in #bitcoin? This is inevitable… and accomplishing this will be extremely lucrative to the individual or group that figures it out in the coming years. Bitcoin Stock Exchange > New York Stock Exchange npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Good stuff! npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Recording another of @Preston's Mastermind discussions this evening, so I’m holding off on my own low budget videos for now. 😂 npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Recording the next (quarterly) Mastermind discussion this evening with @nprofile…nsfz, @nprofile…p7y9, and @nprofile…zepv … which is always a good time. We already have much to talk about, but what would you like us to touch on? Comment below. 👇🏼 npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Maybe. But I’m certainly not sitting on the sidelines waiting for it. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff UPDATE: The most interesting #bitcoin magical line chart. 👀 Talking points: ✅ The initial red wedge--which suggested a coming break-out and explosion in volatility--was transgressed to the downside on February 24. ✅ The thin green (lower) line suggested that the series of higher lows would continue--and generally held true on down days, including February 28, March 10, March 11, March 12, and March 13. This is a type of BULLISH consolidation. ✅ Added descending thick red line and thick green lines to reveal POSITIVE DIVERGENCE in price/RSI AND price/global M2 terms. THIS IS BULLISH, and suggests that the next MAJOR move will be to the upside. OPINION: I remain generally BEARISH on the US economy and related (small-/mid-cap) equities in the near-term, while remaining generally BULLISH on global assets for the foreseeable future... especially bitcoin. Magical lines and chart TA are for infotainment purposes only. Just my thoughts. You do you. https://m.primal.net/PeTK.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff The irony… #nevent1q…8p0z npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff (Purchasing) Power to the People. Defund and downsize DC 🇺🇸, the EU 🇪🇺, and the PRC 🇨🇳. Peacefully. #Bitcoin npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Short sellers getting wiped today. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Full sned. 🚀 Max #BitcoinBulltard npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Yes. If the 8-12 week historical lag holds true, then we should see a local bottom in bitcoin price sometime between mid-March and mid-April. From there, it's upward and onward. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff There is generally a delay of 8-12 weeks for the bitcoin price to reflect the momentum of global M2. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Why I am so bullish on current #bitcoin prices (in USD terms), while the normie world panics. "What they focus on..." vs "What I see..." We are not the same. Perspective and time frames (trader vs investor vs saver) are everything. Normies see a crash. I see incredible (and transient) buying opportunities for myself, my family, and my fund. Onward. ⚡ https://m.primal.net/PcFz.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff shhh... don't ruin the current narrative... it's just "digital capital" npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff We can remain bulltarded longer than the market can remain irrational. #Bitcoin npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Don't let short-term fiat price action fool you. WE ARE WINNING. #Bitcoin npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff UPDATED CHART: https://m.primal.net/PanS.png #nevent1q…dvvx npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff UPDATE: 👀 Magical line continues to hold. Angry bears in disbelief. 🐻 But seriously... A series of higher lows is a sign of strength during a period of consolidation. Fade the fear. #bitcoin #nevent1q…rmza npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I hereby declare March 10-16 to be Bounce Week. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff In a recent All-In podcast, David Sacks was asked if Treasury Secretary Bessent could essentially sell seized ETH out of the “stockpile” to purchase more #bitcoin for the “reserve” … which would be revenue neutral. Sacks said yes. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Lately it’s been feeling like the Emperor is dead and the Death Star was destroyed. What do the Rebel Forces do now? What evil lurks in the next frontier? #Bitcoin npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I hadn’t heard that. Thanks for the heads up. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff You do you, of course. But this is the most interesting #bitcoin price chart, imho. The magical red and green lines I drew are for your viewing pleasure. 👀 🍿 https://m.primal.net/PYfT.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I'm downloading more of my prior live streams onto Spotify and @nprofile…cgkr thanks to @nprofile…des8 !! Here's another one: https://creators.spotify.com/pod/show/jr629/episodes/3-Dr--Jeff-Ross----Macro-monologue-Feb-24--2025-e2vst2p npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Just left-curve it for the win. #BitcoinBulltard npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I want to be as bulltarded as @npub1rtl…jtfs npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff It’s ridiculous to post such things, but I’ll be surprised if #bitcoin does not reach a new all-time high in US dollar terms by the end of May, 2025. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Definitely. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff ARE THERE STILL CAPITAL GAINS TAXES ON BITCOIN OR NAH? npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff lol In my fund, I follow my long term trading system regardless of my feelings. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I’m hopeful that it will become a little more affordable to buy a single family home over the coming 1-2 years. I don’t think it will be a great investment going forward, as it was over the past 25 years or so. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I’m still generally bearish over the coming months for US-based assets, and generally bullish for global (ex-US) assets. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Can't stop. Won't stop. ⚡ Episode #8 is coming out on Thursday, March 6, 2025 at noon ET. An interview with the one and only @nprofile…zx9t of @nprofile…sjd4 !! We'll be discussing Nik's new book, his upcoming #AI and #Bitcoin class at USC, as well his well-informed #macro takes. The show will be streamed on @nprofile…gn5a and YouTube. Please reply below with any questions for Nik during tomorrow's show! npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff “I don’t like being mediocre.” - Steve Cohen, Founder and CEO of Point72 npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I find this whole saga to be quite interesting. 🇸🇻 #nevent1q…vd4w npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff That awkward stage where the fiscal stimulus train is slowing down, while the monetary response remains noncommittal. YOU ARE HERE. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Yup. I was as bullish as Raoul until the recent data came out. Now I’m much less certain. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff All bets are off at this point. The trajectory may have changed. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Hey party people! Today's show (#7) with @nprofile…9pq8 was a banger! Shockingly (to me, at least), I'm suddenly bearish. AM I CRAZY?!? -- Decide for yourself after watching and let me know in the comments! Here's a link in case you missed the live stream. https://www.youtube.com/watch?v=pE25YcORsio&t=2s npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff 😂 npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff PSA: Do yourself a favor and unfollow me. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff *still waiting for… npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I’m still awaiting for an app providing the ability to negatively zap someone’s post or—especially—their reply. Imagine being able to grab some sats for time wasted reading stupid posts and comments. 😂 Stupid post? NEGATIVE ZAP Wearisome reply? NEGATIVE ZAP lol npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Definitely. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I realize that 99.9% of people on #nostr hate anything and everything to do with technical analysis--as they should--but I am utterly in love with this #bitcoin chart and the magical lines that I drew. 🧡 If I had to guess, (and I don't, but I will 😂 ), then I'd say that we're not entirely out of the woods yet, and a series of higher lows (approximated by the lower green line) is incoming over the ensuing days and weeks. This would represent a show of technical strength over the medium term, and would provide a nice base for the (expected) strong bull run higher towards 2H 2025. https://m.primal.net/PSfU.png npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Accurate. GM. ☕️ npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff GM #nostr family. ☕ The clown world is evolving, but still accelerating. My plan? 1. Head down. 2. Work hard. 3. Stack sats. 4. Glory to God. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff GM. ☕️ npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff 🤝 npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Congrats! 🎊 npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Tbh, I don’t care much what people think of my targets. I’m here to get great returns for my small friends and family fund. If it makes me unpopular with some people, so be it. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Look what just arrived! 👀 THE BIG PRINT by my friend, fellow Bitcoiner and fund manager, @nprofile…uqlv I can’t wait to read it! https://m.primal.net/PPIJ.jpg npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Hopefully someday, in the not too distant future, many of you will look back with me—with much fondness and gratitude—for the great February price dip. #bitcoin npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff I was hoping to get it worked out this week, but it got pushed to next week. Apologies for the delay. npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Episode 6 was both fantastic and informative. Mike Alfred is a fount of knowledge and highly experienced (and successful) in the world of value investing, small business ownership, Bitcoin, fund management, and Bitcoin miners. Enjoy the show! Also, leave any questions or comments for me to address in future episodes. https://www.youtube.com/watch?v=NsMMu0K4grw npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff GM. ☕️ npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l DrJeff Exactly. 🫡