Baron's Crypto Trading Journal

Baron said:
Yeah, I put it in 16 years ago but bamboo is a funny species. It will stay at whatever height you planted it (usually 8 to 10 ft.) for several years, but then it just goes nuts after the 3rd or 4th year and shoots up to as high as 50 feet. The privacy it provides is great but then it just starts becoming a pain in the ass because certain bamboo shoots will start to bend over sideways and stay that way. And then when the inevitable hurricane comes, many of them will snap in half around the 25 ft. high mark, so they become very hard to prune without a man lift and other professional equipment. And the amount of leaves they dump when it's windy is just ridiculous. So my wife and I finally decided to just get rid of it all because we are over trying to maintain it.

After it's all been removed and the stumps have been ground down, I plan on replacing it all with a variety of fruit trees. Currently, we've got trees bearing oranges, lemons, limes, bananas, and avocados, but I'd like to add some peaches, blueberries, plums, mangos, etc.
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FWIW it's not just the trunks - you need to rip out or systematically poison all of the underground root system, or it'll just come back. Make sure they go deep when they grind the stumps, and get yourself some strong herbicide if you see any shoots coming back up.
 
VicBee said:
Well, I'm happy to announce I'm now only down 47% on my crypto holdings. It took a while but I'm expecting a full recovery within my life time.
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You are maybe one fo the happy few who at least can recover his losses before he dies.
At lot of fans will never make any money with crypto's.
Baron is doing wel too now. As prices don't crash anymore, his average return per year is going in the good direction as with time, the period that the loss is spreading on becomes longer and longer.

A 60% loss after one year, becomes an average yearly loss of 30% after two years if BTC does not go down too much. When taking opportunity loss in consideration, the effective loss will however grow again as the capital is blocked in BTC and misses all opportunities to make money with it elsewhere.
 
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virtusa said:
You are maybe one fo the happy few who at least can recover his losses before he dies.
At lot of fans will never make any money with crypto's.
Baron is doing wel too now. As prices don't crash anymore, his average return per year is going in the good direction as with time, the period that the loss is spreading on becomes longer and longer.

A 60% loss after one year, becomes an average yearly loss of 30% after two years if BTC does not go down too much. When taking opportunity loss in consideration, the effective loss will however grow again as the capital is blocked in BTC and misses all opportunities to make money with it elsewhere.
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I'm just glad crypto is a relatively small bet that we made as BTC was climbing to new highs. Today we're paying for fueling that surge but aren't adding fresh money to it. I don't at all despair to recoup and profit from crypto in the coming years.
 
Buy1Sell2 said:
That's good news. I'm looking for the initial rally to top out around 28,600 for BTC with some possible legs and then eventually a drop to around 6k.--I own a small amount of BITO and will just hold in case it goes to the moon again. I'm underwater over 50 percent right now.
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Target is now in sight.
 
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