Crypto Macro Trends for 2022

What does Fiat do over time?

While on the other hand cryptos, the ones that survive at least lol, decline and rise.
If I need a certain amount of money on a certain date in the future, I'd just as soon have that in cash.

I know that fiat depreciates over time. It's why I speculate. I move from cash to assets that are increasing in value as opportunities present themselves. I don't hold assets that are declining in value.
 
An update but no planned changes on the MSTR LEAPS call options Jan/2024

The position is about break-even m2m
The position was down over 50% a few weeks ago

*** Post is for entertainment purposes only ***

I was not planning to post an update on the MSTR LEAPS call options position but there are a couple of threads discussing the MSTR earnings after hours today

Despite the sensational headline news of Saylor stepping down as CEO (to focus on buying more BTC's for the MSTR corporation) imo, it's prolly nothing...

Bitcoin price up, MSTR up, bitcoin price down, MSTR down. Simple

When BTC is over $100K soon™️, MSTR will be trading above $1500/share

MSTR is a bitcoin-hodling company

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Position is slightly in-profit but MSTR might be down tomorrow

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All Bitcoin, no fiat. Fascinating, but not for people with families

Converted everything at the top, too, and continues to convert on the way down

 
*** Post is for entertainment purposes only ***

I used to dislike Junseth when he had a falling out with the Monero community and I was confused with his continued friendship with Monero lead dev/github maintainer, Fluffy Pony

Maybe it's because Fluffy was always a Bitcoin maxi and did not see a conflict of being a Monero maxi at the same time

Anyway, video has good content even for non-Bitcoin and non-crypto people, imo


 
*** Post is for entertainment purposes only ***

CEL hit a blowoff top of around $4.50 a few days ago then crashed 50%, I think low was around $2.20sh

It started bouncing up and I went ahead and put a position ~$2.4x and added more at $2.6x (today)

I prefer a crypto bull market. These bear market rallies and chop to down moves are not fun to trade or speculate on...

Closed out my CEL position for a loss of ~$7k. It started out good, position was positive ~$4k, and stalled for a day before grinding down continuously


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NFA
Algod, the dude who bet $10M against Do Kwon shorted Eth recently and is in big profits so far

Fyi, Algod covered the Eth short and flipped to long because Cramer is bearish for tomorrow

I'm staying short Eth for now...

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I'm staying short Eth for now...

Bitcoin went back above $20K and is on an uptrend. Ethereum also above $1500

Covered the Eth short for a small loss and may re-enter as we get closer to the Merge or if crypto markets start going down again
 
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