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Replying to Avatar Trey Walsh

BEWARE OF NEW BITCOIN TREASURY PUMP & DUMP “mergers”

The bitcoin treasury companies being spun up today are pretty glaringly for insiders in the know who benefit on pre-market pumps (like Bailey with $KDLY…whereas KDLY will only own 1.2% of the new Nakamoto company, even though Bailey told people to buy that ticker pre-merge 🙄), and these joint merger companies that benefit massively — again for their own insiders.

I’d still be super incredible cautious, and trust minimal for each one that comes up. $MSTR is the goat in terms of this strategy, and it’s pretty locked down and clean. $SMLR is right up there too.

The others? Idk…

Best to just stay humble and stack sats that *you* control.

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cornman 7mo ago

If you've been around bitcoin for a cycle or 2, it's insane how clear it is that the unwinding of these scammy "leveraged bitcoin equities" will be the ICO's/TerraLuna of this cycle.

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Auxmos 7mo ago

🤝

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