Caffeinated thoughts from a full-time software developer/part-time trader

  • Thread starter Thread starter krugman25
  • Start date Start date
Status
Not open for further replies.
krugman25 said:
Quick portfolio update, up until about 3 weeks ago I was 50% crypto and 50% precious metal miners. I cashed out my miners for a nifty profit and moved it all over to crypto.

Yep, I took the dive. I am now 100% invested. I also took a couple grand of my trading capital and atarted building a server cabinet which will run staking and full nodes.
More...
Yep, I totally did this just a few days before one of the largest 1 day rallies in crypto history. Feels good.
 
Has it really been 8 months since my last post? Wow.

So I've now had all of my trading capital in crypto for 10 months now. Here are some factoids
  • I've been through two 50%+ market crashes
  • The worst single day crash I've been through was March 12, 2020. It was the largest in Ethereum's history, dropping 60% in 24 hours.
  • The largest drawdown I have seen in my account was 40% (during the depths of the March 12th crash)
  • I am currently up about 220% from where I started last October
  • I primarily use candlestick trading to reduce my cost basis, which I have been able to reduce by about 30%
  • My cost basis started at about $180 and has since been reduced to about $120
  • I am desensitized to volatility
  • Nothing can hurt me

Ask me anything.
 
Status
Not open for further replies.
Back
Top