This is Roaring Kitty.
He is the best retail trader who made $48M from $53k on $GME
After 3 years offline he returns to us and is ready for the next pump
Here is his story + how his return will influence on crypto🧵👇
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➫ Main points about @ TheRoaringKitty
❍ His real name is Keith Gill
❍ He bought GameStop stock for $53k in 2019 and shared undervalued stock in his X, Reddit and YouTube
❍ For 3 years he was offline but now he is back and wants us to take the market seriously
1/➫ Who is Keith Gill
❍ He was born in 1986 in Brockton
❍ He was a college track start and after this, he ventured into stock analysis
❍ As I mentioned before in 2019 he found GameStop stocks and found it super undervalued
❍ His investment turned into an icon that started meme season in 2021
2/➫ His media story
❍ He set up his Twitter in 2014 marking himself as a stock hunter and investor
❍ In 2015 he started his YouTube channel and started streaming doing online trading/researching
❍ In 2019 he joined Reddit under the DFV name, which means DeepFUUUCCCkingValue
3/➫ After investing in what he believed to be an undervalued GameStop stock, he began to actively promote his investment in his media
❍ He managed to create a wave of hype and build a community that believes in GameStop
❍ As a result, in 2021, $GME reached $483
4/➫ After that, in Feb 2021, Gill testified to Congress, for promoting valuable [assets] for his own benefit causing 'huge losses' to small investors and violating securities laws.
❍ But all charges were dismissed
❍ And after that, he disappeared
5/➫ Having earned ~$48M, Gill became a legend about whom a movie was even made
❍ He inspired people to profit and challenge traditional VCs
❍ This led to the meme season in 2021 and may lead to it now:
6/➫ That meme stock rally was driven by a unique combination of factors:
1. Flow of new users who previously were not interested in the market
2. An influx of liquidity due to the pandemic and historically low interest rates
3. Gill's profits which he showcased in his media
7/➫ This is what can happen now with crypto
Most influencers have enough audience to sway markets
They can pump their bags but many will become exit liquidity
So how to avoid this and get profit?
8/➫ If the infl has strong theses and a community, it can lead to a big pump.
And this is what can now happen in crypto, and why the meme season has started now
Cause here everyone is equal, both regular traders and VCs
The only thing that matters is to get in early.
➫ I hope you've found this thread helpful!
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