Well.... no doesn't work so well for peeps who are fucking around with leverage.

Also many of us who have largely ONLY played with longs are largely NOT affected by these kinds of outrageous negative price performance matters, either.

There can be a considerable amount of comfort in almost exclusively working with longs  - but still tends to take years to get to the point of NOT feeling quite nervous about likely to be short-term 50% price drops.



Fixed that for you.. good buddy.


What is laifu?.. oh you mean life. 

Gosh, it is going pretty damned good in terms of ongoing levels of just wonderful - can you imagine even a few years ago considering where we are at currently.  Sure, there was some positiveness, even in the summer of 2019 when the BTC price was shooting up to $13,880.. but it feels even moar gooder to actually see 3x to 6x higher prices than our summer of 2019 prices... even if we are likely only solidly on around 3x as I type..

But hey, if you think about the whole matter, I am thinking that the 208-week moving average would have been around $3k to $4k in mid-2019 and it was around $5k in March 2020 when it was breached for about a week or so.. but now the 208-week moving average is about $12,500.. so cannot really be complaining about some 208-weekly moving average thing going more than 3x in just two years.. holy shit.. that is pretty amazing, no? 

Regarding profits, I have not really been taking any profits, besides just following a system that attempts to serve as a kind of insurance practice.

In the past months, I have gotten enticed (or is it cajoled?) into a project though that had caused me some turmoils in recent times in terms of cashflow (or even cash reserve) considerations, but the cashflow and even the reserves seem to be so cushiony (and the timeline of aspects of the project seems sufficiently spaced out) that there is not really any need to panic, yet, and whatever I am doing with various tweaks of my ongoing system is likely going to play out sufficiently o.k... but still the whole matter has not completely ironed itself out and I would have surely preferred UPpity rather than DOWNity in the most recent action (or moves away from $60k-ish)- even though I still think that lemonade can still be of use, no?  It's kind of like summer time right now  - or at least very close, no?