FTD #5: “Where are we in the cycle?”
Performance reviewPortfolio MoM: +9.6% Portfolio YTD: +71.3% BTC MoM: + 11.3% BTC YTD: +61.6% Roundtrip season Wasn’t cognisant of it while going through it, but my biggest mistake of the month was holding on to the belief that we’ll start to see the golden bull run once BTC flipped $67K. This implicit bias caused me to hold on to my bags for too long and roundtrip. I went heavy in AI bags pre-NVDA earnings. Earnings was bullish. I held. Twas the top. I started meme wallet on Sol did a clean ...
FTD #5: “Where are we in the cycle?”
Performance reviewPortfolio MoM: +9.6% Portfolio YTD: +71.3% BTC MoM: + 11.3% BTC YTD: +61.6% Roundtrip season Wasn’t cognisant of it while going through it, but my biggest mistake of the month was holding on to the belief that we’ll start to see the golden bull run once BTC flipped $67K. This implicit bias caused me to hold on to my bags for too long and roundtrip. I went heavy in AI bags pre-NVDA earnings. Earnings was bullish. I held. Twas the top. I started meme wallet on Sol did a clean ...
FT Degen Thots: Month 3
Current performanceYTD: +56% $BTC YTD: +36% MoM: -16% $BTC MoM: -18% All things considered, I’m pretty happy with how I’ve performed over the last month. Think my bias towards defending against downside helped me ride this dip better than I otherwise would. This move definitely felt more painful than it actually was (more pain incoming?) probably due to having not mentally adjusted to new size.We’re in the Cycle of DisillusionmentBTC’s recent correction revealed how fragile alts are in our cu...
FT Degen Thots: Month 3
Current performanceYTD: +56% $BTC YTD: +36% MoM: -16% $BTC MoM: -18% All things considered, I’m pretty happy with how I’ve performed over the last month. Think my bias towards defending against downside helped me ride this dip better than I otherwise would. This move definitely felt more painful than it actually was (more pain incoming?) probably due to having not mentally adjusted to new size.We’re in the Cycle of DisillusionmentBTC’s recent correction revealed how fragile alts are in our cu...
Full-time Degen Thots: Month #2
Documenting my journey after going full-time degen in Feb 2024.March summaryJan: +21% Feb: +36% Mar: +12% March has been the worst month for me so far, mostly because my larger positions haven’t moved/retraced. Degen port grew bout ~50%.Market movements:Blast launchBlast was one of the most hyped launches seen in awhile. Felt dodge-y to me at the time especially since so many people were shilling it pre-launch. I don’t like to play hyped launches and I turned out to be right on that. Week 1 w...
Full-time Degen Thots: Month #2
Documenting my journey after going full-time degen in Feb 2024.March summaryJan: +21% Feb: +36% Mar: +12% March has been the worst month for me so far, mostly because my larger positions haven’t moved/retraced. Degen port grew bout ~50%.Market movements:Blast launchBlast was one of the most hyped launches seen in awhile. Felt dodge-y to me at the time especially since so many people were shilling it pre-launch. I don’t like to play hyped launches and I turned out to be right on that. Week 1 w...
