Alex Krüger
@krugermacro
Followers
174,474
Following
1,979
Media
4,825
Statuses
43,511
🇦🇷 Economist. Trader. Entrepreneur. Advisory. Columbia MBA. Bitcoin '13. Sharing views on crypto and global markets.
Joined March 2012
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
Kendrick
• 2226579 Tweets
London
• 388613 Tweets
May the 4th
• 306465 Tweets
Star Wars
• 297409 Tweets
Madonna
• 284336 Tweets
ANOTHER ONE
• 141417 Tweets
こどもの日
• 112075 Tweets
Xavi
• 110275 Tweets
Flamengo
• 102652 Tweets
ケンタッキーダービー
• 57405 Tweets
Not Like Us
• 48826 Tweets
フォーエバーヤング
• 45225 Tweets
#Amici23
• 42388 Tweets
De La Cruz
• 39795 Tweets
#precure
• 39607 Tweets
子供の日
• 34767 Tweets
Vargas
• 34227 Tweets
#KentuckyDerby
• 23005 Tweets
#UFC301
• 22703 Tweets
Forever Young
• 19699 Tweets
Timberwolves
• 17188 Tweets
Bragantino
• 15528 Tweets
Mystik Dan
• 15109 Tweets
ガルガル
• 15051 Tweets
テーオーパスワード
• 13995 Tweets
Gerson
• 12263 Tweets
シエラレオーネ
• 11555 Tweets
#仮面ライダーガッチャード
• 10917 Tweets
Last Seen Profiles
Pinned Tweet
1/ A recession is imminent, risk assets are expensive, and stocks always bottom during deleveraging driven recessions.
Is a major crash inevitable?
Not at all
In this research report we explore how prevalent bearish theses are flawed and why we are bullish on risk assets.
125
422
2K
Disgraceful reporting by the
@nytimes
on FTX. It portrays SBF as a charitable entrepreneur who went under and does not mention the words fraud, criminal, substance abuse, friends & family Bahamas KYC racket, hack, stolen funds or wiped servers anywhere.
1K
4K
18K
1/469 The has been a very fundamental shift at the Federal Reserve.
The Fed has flipped decidedly hawkish. Their main worry is not employment, it is inflation. And to fight inflation the Fed has to increase interest rates.
Here's a thread about the Fed and crashing markets.
392
2K
6K
180
867
6K
Crypto, a new asset class - quite a comprehensive report by Goldman.
153
2K
5K
So Luna dies and Solana doesn't work while Ethereum is cheaper than ever and has the merge coming
403
385
5K
The Luna/UST collapse must be the most negative crash in the history of crypto. Due to the sheer size of wealth destruction ($40B permanently gone), widespread holder base, perception of safety, top-tier exchange listings, and how much of the establishment vocally supported Luna.
198
451
4K
The 20 richest people in the world:
- 12 founders
- 7 heirs
- 1 investors
- 0 traders
What does this tell you?
867
400
4K
Argentine fans mourning for Maradona *inside* the Pink House (Argentine equivalent of the White House). Yes, they've broken inside the executive mansion and office of the President of Argentina.
Only in Argentina.
272
649
4K
The NYT author
@yaffebellany
wrote about SBF as if he were writing a cozy article in the lifestyle section, instead of reporting on the successor of Bernie Maddoff.
How much did you get paid for that piece?
213
325
4K
BTC at 60K: "this is going to 100K, strong people buy strength, time to buy"
BTC at 50K: "the pullback I wanted, buying more"
BTC at 40K: "once in a lifetime opportunity, buying more"
BTC at 30K: "just sold everything, will rebuy lower or once uptrend confirmed above 42K"
149
279
3K
SBF was not even vegan, another lie manufactured for marketing purposes
505
205
3K
There are pictures of an FTX naked pool party doing the rounds and let me tell you, it's all dudes.
238
109
3K
Bitcoin is outperforming the Nasdaq in a bear market.
This is beyond impressive.
$NQ -22% YTD
$BTC -17% YTD
323
314
3K
Airlines should tokenize plane tickets, as NFTs, allowing buyers to trade them freely once issued.
Open up air travel.
436
319
3K
If you don't understand the $SOL rally, do the following: get a Phantom wallet, fund the wallet with some $SOL, and interact with the rapidly growing Solana DeFi ecosystem. You will be blown away by its UI, speed, and low fees.
It offers best in classs UX.
167
375
3K
The Binance USDT margined perpetual hit 48K during the short squeeze. Here's a replay of its price action for posterity.
107
551
3K
... accounting backdoor, pump & dumps, inside jobs, market manipulation, fraudulent creative accounting, ponzi schemes, spending other people's money, political donations, gary gensler, regulatory shitshow, market crash ... no mention of any of that, zilch, nada.
25
237
3K
In France it is illegal to pay over 1,000 euros in cash
Incredible
355
533
3K
*WALMART HAS QUIETLY STARTED HOSTING BITCOIN ATMS: COINDESK
probably nothing
54
251
3K
You are not going to get rich by buying $BTC $ETH $SOL $AVAX or $ADA at these levels. It's early, but not that early. Need microcaps for that.
466
189
3K
Why is it that every person new to crypto wants to buy $ADA?
Newcoiners interest for ADA is incredibly consistent across continents.
What channels does Cardano hit, and who who does the marketing for them? Because it is all marketing. ADA is not really used for anything.
673
198
3K
Mid to large cap tokens I like
- Layer 1s: $SOL $LUNA $NEAR $ATOM $AVAX $MINA
- Layer 2s: $MATIC
- DeFi: $MAGIC $FXS $SYN $OSMO $HXRO
- Metaverse: $MANA $WILD
- NFTs: $AR $LOOK
- Exchanges: $BNB $FTT
- Other: $HNT $POKT
+ $BTC & $ETH should compose 95% of a crypto portfolio
321
394
3K
Bitcoin + Solana > Ethereum
It's just common sense
Ethereum is trying to do it all itself. That's how you fail.
Bitcoin will always be safer and more decentralized. Solana will always be faster and cheaper.
423
228
3K
Cost of making a token swap in Ethereum now: $55
Cost of making a token swap in Solana now: $0.0009
122
257
2K
Miami Uber driver: bitcoin derivatives trader
Miami hotel receptionist: holder of ADA, DOGE and SAFEMOON.
Miami barber: holder of ADA, DOGE and ETH.
What's the punchline?
424
116
2K
Bitcoin winter of 2019: $3,100 - $4,200 range
Bitcoin correction of 2021: $30,000 - $41,000 range
92
173
2K
Google, Amazon, Netflix, Gold, Bitcoin, Apple, Nvidia and Ganja
GANGBANG is the new FANG
64
236
2K
$BTC has moved +42% today
- 4th largest gain in history and largest since May/10/2011 (if comparing against daily returns).
- 15th largest two-day gain in history, Nov/18/2013.
Thank you China.
President Xi is the true Crypto Dad.
74
464
2K
2020: investors buy bitcoin as they worry about inflation
2021/2: investors sell bitcoin as they worry about the Fed worrying about inflation
76
206
2K
Elon Musk must be an outstanding technical analyst.
His "Tesla has not sold any Bitcoin" tweet was posted exactly at
#Bitcoin
's key technical level, the 61.8 fib ($42,845).
122
302
2K
$SOL at $40 has a market cap of $11 billion.
$ETH had that market cap in 2017 at $120.
122
146
2K
As a general rule, trading volume is the highest when markets capitulate, and such capitulation creates major bottoms.
This weekly chart includes the aggregated bitcoin volume for most BTC pairs (spot & perpetuals across exchanges).
Volume hit its all time high two weeks ago.
151
342
2K
About $740 million stablecoin inflows into exchanges in the last 2 hours as per
@whale_alert
96
221
2K
Twitter's reaction when you say anything even remotely bullish
65
233
2K
Yes this is a bear market rally ... for now. Thing is if inflation comes down fast enough, which is feasible, and Europe's energy crisis is not exacerbated by a harsh winter, also feasible, this could end up being the beginning of the bull market. Nobody knows as of now.
118
220
2K
Absolutely everybody expects $BTC to bottom in the 30s in 2024. Excepting for a few panicky people calling for 20s, and some nutsacks calling for 10s.
It would be thus very fitting if $BTC never trades below 40K again.
174
144
2K
Bottom is in for stocks and crypto
Top in for precious metals
Market telling you that
123
133
2K
People who bought the 2017
#Bitcoin
top and held have outperformed the S&P 500 by 3.5x.
(+160% for $BTC vs +46% for $SPY)
41
250
2K
Incredible. The
@washingtonpost
also decided to write about FTX as if it were the case of a well intentioned charitable entrepreneur, rather than what it is: the most egregious financial fraud of the 21th century.
What a disgrace.
131
262
2K
This $BTC rally is happening without the general public yet involved en masse. This is very bullish.
91
304
2K
Shorts RIP. This time there most definitively is a major safe haven bid behind bitcoin. This is not just a simple short squeeze.
50
100
2K
Jamie Dimon in 2017: Bitcoin is a fraud.
Jamie Dimon in 2020: Crypto assets have a place in investors’ portfolios only as a hedge against a loss of confidence in both the domestic currency and the payments system.
How is that for a change in perception.
77
409
2K
Spotify pays musicians $4K for every 1M streams. So an upcoming musician with a single with say 300k streams would make about $1,200. Nothing.
NFTs could change the balance of power between large platforms and musicians, by empowering musicians to get paid per stream directly.
107
188
2K
1/ On the Fed, the bottom, and a potential relief rally.
Part 2: the macro bottom
Thread 🧵
246
354
2K
$BTC and $ETH looking bullish.
They just withstood a royal macro beating like champs .
51
105
2K
Notice the pattern: bitcoin stopped caring about bad news. $BTC
72
306
2K
Last January Netflix's earnings and its ensuing 20% crash sent $BTC down 20%, $ETH down 30%
Today Amazon's earnings and its ensuing 20% crash sent $BTC down 2%, $ETH down 3%
Weak hands are mostly gone.
110
142
2K
Realize how little this crypto dump has to do with Celsius and the stETH drama and all to do with the widespread panic in risk assets (equities and crypto alike) and broken charts.
43
106
2K
You need to understand that the Fed finally pivoted today.
Hope you know what that means.
101
126
2K
Why is SBF not in jail already? He should have been arrested days ago.
184
74
1K
5 more days. CZ delaying his move by 5 days. And $BTC would be in the 25K-30K range now, $ETH 2K-2.5K.
The Nasdaq is up a stunning >9% in two days since Thursday.
186
81
1K
The Ethereum merge is *not* priced in. It will turn $ETH into one of the few liquid assets offering positive real yields.
Few
70
104
1K
$BTC now 1% below its 200 weekly moving average ($22,357). Sellers must not be very good at technical analysis.
129
67
1K
Odds are Evergrande will become a non-event in a matter of days.
The reason for concern is not Evergrande, but traders worrying about Evergrande. Game theory.
55
105
1K
Bitcoin current macro drivers:
1. loss of faith in governments
2. lower rates push speculators out the risk curve
3. negative real interest rates
4. inflation
These are all interconnected, the faces of a four-sided dice.
87
257
1K
46
191
1K
For perspective. Those now laughing at the losses of crypto investors are mostly the kind of people that enjoy a lifetime of employment and returns of 5% a year on their 401k.
40
94
1K
Critics say crypto has "no intrinsic value".
DeFi was abused, but it still represents innovation: transparent programmable financial services.
NFTs were abused, but still represent innovation: proof of digital ownership.
Bitcoin crashed, but it still is uncensorable money.
51
238
1K
I didn't believe $DOGE would reach $1 this cycle.
Now I do.
Big lesson in there.
70
115
1K
Coronavirus did not crash the world economy.
Governments did.
64
202
1K
These insane SBF chatlogs can be condensed into:
a) his public persona was an act
b) the mean justifies the end => best to be dishonest but win
c) doing "sketchy" things is OK
d) he had been using customer funds for a long time
e) "it wasn't quite lending them out"
85
206
1K
1/ On the Fed, the bottom, and a potential relief rally.
Thread 🧵
40
250
1K
The 20th largest asset manager in the world, with $1.4 trillion in assets under management, shilled a memecoin today. Let that sink in.
71
168
1K
@ev
I am latino, college educated (Ivy League), and a New Yorker who's lived many years in Los Angeles .... that article is anti-democratic toxic leftist propaganda. Delusional and vomitive.
22
111
968
Bitcoin
30 day change: +31%
1 year change: -26%
2 year change: +340%
3 year change: +1090%
Not too bad.
25
215
1K
What are you going to buy with the money you get from selling Cardano once you understand Cardano does not work that well?
301
71
1K
It's time to stop promoting ponzi-like assets as "blue chips". No more shilling shit just because you hold it. No more deceptive marketing (defi 2.0 & 3,3 anyone). No more exchanges listing ponzis just because high volumes drive fees. No more normalizing unstable founders.
44
78
1K
Crypto going up while house prices come down is the world I want to live in
77
72
1K
May/9/2022 a day to remember
Nasdaq -4%
TLT +1%
Gold -2%
Oil -7%
NatGas -12%
URA -8%
Soyb -2%
VNQ -4%
ARKK -10%
COIN -19%
MSTR -25%
BTC -12.5% (since Friday close)
ETH -14% (same)
LUNA -35% (same)
$UST lost its peg dropping 8%, pushing crypto into a tailspin
$BTC held 30k
98
232
1K
If you sold $ETH under $2000 because "2021 is a replay of 2018 and price will crash much lower", please know the market thanks you for your sacrifice and expects you to buy back at the top.
48
87
1K
Just landed in the Middle East as Iran-Israel are supposedly on the verge of war. Such timing.
Quick thoughts:
- Crypto flush entirely driven by war headlines plus ofc liquidations. $BTC dropped 5%, alts a gnarly 20%-40% before bouncing.
- Events seem to be a miniature and…
73
140
1K
JP Morgan, from "Bitcoin is a fraud and will blow up" in 2017 to "Bitcoin’s competition with gold" in 2020.
We've come a long way.
33
349
1K
#Bitcoin
Second highest monthly close in history. No bubble this time. 2021 is going to be great year.
31
135
1K
Last night's BTC & ETH selloff was 3AC getting liquidated.
Tonight's selloff is a combo of leveraged shorters + panic selling.
Different beasts.
56
69
1K