Baron's Crypto Trading Journal

Discussion in 'Journals' started by Baron, Oct 5, 2021.

  1. VicBee

    VicBee

    Congrats Baron. It's been a long dip but the future's looking far brighter. Virtusa can be a real prick, but I believe he means well.
    I've stopped believing in crypto after realizing where its political roots are. Techies are often hard to digest, but libertarian techies are definitely not my cup of tea.
    So I'm now only in it for the speculative jump. My BTC and ETH individually represent bigger investments than the others combined, so I don't worry at all about the high double digit negatives. I'm aiming for at least 100% return on the portfolio sooner than later. My wife wants to put a down payment on a Sydney North shore apartment, but their price increase faster than crypto... :rolleyes:
     
    #1311     Feb 19, 2024
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  2. Overnight

    Overnight

    So my memory in incorrect? Your average price of your BTC holdings is not ~26K?
     
    #1312     Feb 19, 2024
  3. Thanks mate.I remember now.

    You were copping some flak about being down and your overall investment in crypto and you expanded the story for them to include earlier investments outside the journal.

    Great to see the journal portfolio turn green and hats off for not divesting when it was tough.:thumbsup:
     
    #1313     Feb 19, 2024
    VicBee, johnarb and vanzandt like this.
  4. Baron

    Baron Administrator

    Your memory is incorrect, but you're getting old so an occasional memory slip is to be expected. :D
     
    #1314     Feb 20, 2024
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  5. Overnight

    Overnight

    I'll give you that witty jab for free, you bastud. I am darn sure when you mentioned your AWP of your BTC holdings, it was not higher than 30K.
     
    #1315     Feb 23, 2024
    legionx likes this.
  6. Overnight

    Overnight

    So will you give us your AWP of your BTC holdings?

    C'mon hon, give us the juice...

     
    #1316     Feb 24, 2024
  7. VicBee

    VicBee

    Well, today is the day, my portfolio is green! Not to the moon yet, but I'm ready.

    Of course I knew it would...:cool::rolleyes:
     
    #1317     Feb 27, 2024
  8. VicBee donning his space suit! :thumbsup::thumbsup::D
     
    #1318     Feb 27, 2024
    VicBee and johnarb like this.
  9. ElCubano

    ElCubano

    Printing 195% :D.
     
    Last edited: Feb 27, 2024
    #1319     Feb 27, 2024
    johnarb likes this.
  10. Baron

    Baron Administrator

    I posted this in another thread, but I want to post it again here as a reminder.

    Roughly every four years, Bitcoin goes through a "halving" which means that the current rate of new supply generated by Miners gets cut in half. In other words, Miners have to do the same amount of work they've always done but the number of BTC they get as a reward gets cut in half, reducing the number of new BTC that can be generated in the future by 50% of what it was before the halving.

    If history repeats itself, the halving coming up in April means significantly higher prices will be coming after that. Every time a halving has occurred, a bull run followed:

    Screenshot 2024-03-03 at 2.36.26 PM.png
     
    #1320     Mar 3, 2024