Education Only
DurdenBTC.com and all associated content — including but not limited to the website, Substack newsletter, dashboards, tools, models, signals, charts, and commentary — are published for educational and informational purposes only. Nothing on this site constitutes financial advice, investment advice, trading advice, or any other kind of professional advice.
The content reflects the personal research, opinions, and portfolio activity of the author. When the author shares positioning, allocations, or trade activity, it is a description of what the author is personally doing — not a recommendation that you do the same.
Not Your Advisor
The author of DurdenBTC is not a registered investment advisor, broker-dealer, financial analyst, or financial planner. No fiduciary relationship exists between the author and any reader, subscriber, or member. No content on this site should be interpreted as a personalized recommendation to buy, sell, or hold any security, cryptocurrency, or financial instrument.
Your Decisions, Your Risk
All investment decisions carry risk, including the risk of total loss. You are solely responsible for your own investment decisions. Before making any financial decision, you should conduct your own research, consider your personal financial situation, and consult with a qualified financial advisor who understands your individual circumstances.
Data May Be Wrong
While the author makes reasonable efforts to ensure information is accurate and up to date, no representation or warranty — express or implied — is made regarding the accuracy, completeness, reliability, or timeliness of any content. Data may be delayed, incomplete, or contain errors. Models and signals are based on historical analysis and quantitative methods that may not reflect future market conditions.
History Doesn't Repeat
Past performance is not indicative of future results. Any backtests, forward tests, historical analysis, or model performance discussed on this site are hypothetical or based on the author's personal experience. They do not guarantee future returns. Markets change, models break, and drawdowns happen.
You Can Lose Everything
Trading and investing in financial markets — including equities, options, futures, and cryptocurrencies — involve substantial risk of loss. Cryptocurrency markets in particular are highly volatile, largely unregulated, and may not be suitable for all investors. You should never invest money you cannot afford to lose.
External Sources
This site may reference data from third-party sources (FRED, Yahoo Finance, etc.) and may contain links to external websites. The author does not control, endorse, or guarantee the accuracy of any third-party content. Use of third-party data and sites is at your own risk.
Limitation of Liability
To the fullest extent permitted by law, the author and DurdenBTC.com shall not be held liable for any losses, damages, or costs — direct or indirect — arising from the use of or reliance on any content published on this site or associated platforms. This includes but is not limited to trading losses, lost profits, or damages resulting from decisions made based on the information provided.
Access, Not Advice
Paid memberships and subscriptions provide access to additional research, tools, and commentary. Payment for a subscription grants access to content — it does not establish an advisory relationship, nor does it constitute payment for personalized financial advice.
Updates to This Disclaimer
This disclaimer may be updated at any time without notice. Continued use of the site constitutes acceptance of the current version of this disclaimer.
LAST UPDATED: MARCH 2026
TL;DR — This site documents one person's macro research and portfolio strategy. It is not advice. I am not your advisor. Do your own research, manage your own risk, and never invest what you can't afford to lose.