Bitcoin Cross 101,000

I know BTC you will come back to me again. I love your volatility.

 What is debt?  Been a while.

As long as I am sitting on Santa's lap, I want two things.

1.  The US announces they will be stockpiling Bitcoin.  And only Bitcoin. But if they are going to be idiotic and add ETH or (throwing up in mouth) XRP or others then I want to allocation to look like 85% BTC and the shit can fight over the crumbs.

2.  A suspension on Cap Gains for Bitcoin (or crypto if we must).

Honestly I think #2 is pretty pie in the sky... but I have been a very good boy this year, Sant...  erm... nevermind...  I take it back.  I've been a dick mostly.  But still?

 You just have to know how to fall.

and honey badge must like the beach. 101k

It hit 80 degrees here yesterday. I haven’t put a shirt on since Friday. Might have to start shutting down some of my GPUs here in the coming weeks when the lows start jumping.

Worst part of this dip was that I only had $18 in my exchange account to buy it. Oh well. RIP to those who play with leverage.

How do you cool?


That actually reads like a nice setup. I have to admit a slight rise of envious feelings tickled me from behind.

well the old mine was ended last Jan 2024.
 Took me a year to rebuild this all.

What about expecting a fall and then it does not happen?  What happens then?

Hopefully you did not sell expecting it to happen.

Hopefully you did not fail to buy the dip because you expected more dip.

Those are common mistakes, which makes it dangerous as fuck to act too strongly on your expectations, but instead to just have systems in place, such as buying at certain price points on the way down and then perhaps having some extra money to buy more if the price drops more but not having so much value at those lower price points that you regret not buying when the BTC price resumes back up, instead of down.


I feel like I am getting rich pretty quick... even if we might take $1k as my average entry price.

Think about my own portfolio journey.

early 2014 to late 2016  - Up and down between about 65% in the negative and into break even prices (never really in profits during this period)

early 2017 to late 2017 to early 2020 - between about break even and then up to 19.6x in profits and then back down to poor status of 4x in profits.

early 2020 to various parts of 2021 and then to 2022 and then to late 2023 - from about 4x in profits and then up to 69x in profits, back down to 15.5x profits and then lingering in 25x to 32x profits

early 2024 to early 2025 - starting out around 32x to 40x profits going to 74x profits, lingering between50x and 70x profits, bounced up to linger between 90x and 110x profits.

It is almost like a get rich quick asset - even if it took a whole 10 years to get to 100x-ish profits.. but who can ever do 100x.. which is actually the combination of two 10 baggers.  Traditional investors love so much to attempt to identify 10 baggers and to be able to stay in the investment to realize 10 bagger status, and with bitcoin we have two 10 baggers in one within about a 10 year time horizon....and surely for some folks they could have had gotten into bitcoin without having to suffer my first 3 years.  and gotten two 10 baggers (ie a 100 bagger) within right around 8 years.

What a figure to start with this week after a bloody LASTweek.