Dan Held's Timeless Advice: Skip Bitcoin Treasury Stocks and Buy BTC Directly for Smarter Trading Gains

In a recent tweet that has sparked renewed discussions among cryptocurrency traders, Dan Held emphasized a straightforward yet powerful message: 'This aged well. You didn’t need to buy Bitcoin treasury company equity, but you were greedy. You just needed to buy Bitcoin.' This statement, posted on November 25, 2025, serves as a stark reminder for investors navigating the volatile crypto markets. Held's commentary highlights the pitfalls of overcomplicating investment strategies by chasing equities in companies that hold Bitcoin as a treasury asset, such as those popularized by corporate adoption trends. Instead, the core advice boils down to directly acquiring BTC, which has consistently outperformed many derivative plays in the long term. For traders, this narrative underscores the importance of focusing on Bitcoin's intrinsic value amid fluctuating market conditions, where direct exposure often yields superior returns without the added risks of stock market volatility.

As we analyze this from a trading perspective, consider Bitcoin's historical performance against stocks of companies with significant BTC holdings. For instance, while certain firms have seen their share prices surge due to Bitcoin treasury announcements, these gains are often amplified by leverage and market hype, leading to sharper corrections. According to data from various market trackers, Bitcoin itself has delivered compounding returns, with its price appreciating from under $10,000 in 2020 to peaks above $60,000 in subsequent years, based on historical exchange records. Traders who opted for direct BTC purchases avoided the dilution effects seen in equity investments, where corporate decisions and broader stock market sentiments can erode value. In today's trading environment, this advice resonates amid ongoing institutional interest, where buying Bitcoin spot on exchanges like Binance or Coinbase provides liquidity and direct upside. Without real-time data at this moment, we can reference past patterns: during the 2021 bull run, BTC rallied over 300% while some treasury-linked stocks lagged due to regulatory scrutiny, offering traders clear entry points around support levels like $30,000 for BTC dips.

Trading Opportunities in BTC vs. Treasury Equities

Diving deeper into trading strategies, Held's tweet prompts a comparison of risk-reward profiles. Direct Bitcoin trading allows for precise technical analysis, such as monitoring key resistance levels around $70,000 and support at $50,000, as observed in recent monthly charts from reliable analytics platforms. In contrast, investing in Bitcoin treasury company equities introduces variables like earnings reports and shareholder dilutions, which can disconnect stock performance from BTC's price action. For example, historical data shows that during Bitcoin's 2022 bear market, BTC dropped about 70% from its all-time high, but some related stocks plummeted even further due to margin calls and investor panic. Savvy traders can capitalize on this by using BTC futures or spot positions to hedge against such divergences, potentially entering long positions when on-chain metrics like active addresses surge, indicating network strength. Moreover, with increasing ETF approvals, direct BTC exposure via regulated products offers lower fees and better tax efficiency compared to equity plays, making it a prime choice for portfolio diversification in crypto trading setups.

From a broader market sentiment viewpoint, this advice aligns with growing institutional flows into Bitcoin. Reports from financial analysts indicate that hedge funds and corporations are allocating billions directly into BTC, bypassing intermediary stocks to capture pure alpha. This shift creates trading opportunities in correlated assets, such as altcoins that follow BTC's lead, with pairs like ETH/BTC showing relative strength during uptrends. Traders should watch for volume spikes in BTC trading pairs, which often precede major moves; for instance, a 24-hour volume exceeding 1 million BTC traded globally has historically signaled bullish reversals. In the context of stock market correlations, events like Federal Reserve rate decisions impact both equities and crypto, but direct BTC holders benefit from its safe-haven narrative. To optimize trades, consider scalping strategies around news catalysts, entering buys on dips below moving averages like the 50-day EMA, which has proven resilient in past cycles.

Ultimately, Dan Held's message encourages a disciplined, greed-resistant approach to cryptocurrency trading. By prioritizing direct Bitcoin accumulation over speculative equity bets, traders can focus on fundamental indicators such as hash rate growth and adoption metrics, which drive long-term value. This strategy not only mitigates risks from corporate governance issues but also positions investors for exponential gains in bull markets. As crypto evolves, integrating this wisdom into your trading plan—perhaps by allocating 60% to BTC spot and 40% to derivatives—could enhance returns while maintaining portfolio stability. For those exploring entry points, monitoring sentiment indexes and whale activity on chains provides actionable insights, ensuring trades are data-driven rather than emotionally charged.