@ThePumponomics

$3.2m deployed into zcash and near earlier i posted about waiting for the perfect bottom and how it's burned me before. well, i partially repented for that. bitcoin looked weak in the high 60s. my read was it'd flush and probably hold 60k again. that level matters. it held at the start of the iran war, it's holding now, it's a major inflection going back to the prior all time highs. so my thinking was simple: when btc is down at that level, wherever my targeted alts are is probably a decent place to buy. that's what happened. btc flushed, some of my bids hit. zec at 460 and 450 for $2.1m, half my position. $1.1m into near at 2.15, full size. the other half of my zec bids are still resting at 440 and 430. if bitcoin bleeds toward 60k hopefully those fill and the position's done. if it doesn't, i'm still hunting that second half. and if zec reclaims the 530 area on a high timeframe close, the breakdown's over and i buy the rest up there instead. invalidation if it closes back below. am i reaching for an extra 5% on that last half of zec wanting fills a bit lower than here? maybe. but if btc really hits 60k, those bids probly fill and then i have the internal satisfaction of that plan "working". maybe dumb, but sometimes the little things make me smile. didn't get the perfect bottom. that was months ago, zec in the 200s, btc at 60k the first time. it's doubled since and i'm buying it here anyway. i sold earlier this month to protect capital in an ugly moment. i like how things have unfolded since so here i am paying up for the same conviction. partial lesson learned, onwards brothers.

in late 2018 i was waiting to buy bitcoin at "the perfect price." i had my work bonus and my wife's bonus ready to deploy. i was gonna buy the bottom. i had done all my research. it bounced off 6k for months then fell off a cliff. everyone was screaming 2k is next. i bought half at 3500. honestly only because a mod in a telegram room said "just buy, it's cheap." that's what pushed me to hit the button (turns out he was right lol). i held the other half back for 2k btc. price hung around 3k for a while. i waited. did nothing. i wanted 50% more coins after the next drop. the news was all doom and gloom. i knew another leg down was coming. then it drifted back to 6k and i said nope, it's coming back down. then 8k, and i caved and bought the rest. looking back my blended entry still looks fine today. but i left a better one on the table. i was stubborn, and late to admit it. chasing a perfect entry that was never guaranteed, when i already had a good one sitting right there. writing this down because i'm staring at the same setup right now. sitting on cash. eyeing something i want. telling myself it'll be cheaper. maybe it will. maybe it won't. we're gonna find out if i learned the lesson.

for a while i've been asking why anyone should bother with crypto. well, i changed my mind stocks handed people 5-10x in quantum, ai, space, etc. you can gamble on robinhood and polymarket. bitcoin's done nothing special against the nasdaq for years. so why would retail speculation dollars ever rotate back into coins. that was my take. i still think it's a fair question. but im fading myself and now moving more cash into crypto than i've had in months. here's how my perception has evolved. half those high flyer stocks are at all time highs printing charts that look exactly like alts did in 2017. greed doesn't die. some of those winnings rotate back to crypto because it looks cheap in comparison. but it won't spread across 5000 coins. there are maybe a handful with any real value. the money piles into the few winners and sends them further than anyone expects. there's a chart supporting this too. btc vs spy, weekly bullish divergence building. not confirmed. but close. the last time this fired, btc outperformed spy for the next two years. none of this means crypto rips tomorrow. could be stocks bleed and crypto bleeds less first. but imo the rotation is coming, and our coins are cheap here. i could be early. probably am. doing it (soon) anyway.

i wish i went to a different college. i wish i found crypto earlier. i wish i bought sol instead of polkadot in 2021. but change any one of those and maybe i'm not here. different college, different job, different city. maybe i never meet my wife. so i try not to have any regrets. other than the polkadot bag, not sure ill ever get over that one

in 2021 i put $450k into palantir at $25. it dropped to $7. i sat in that drawdown for almost three years. when it finally came back i sold at $36 in nov 2024, relieved to get out with a gain. two months later it was $200. i'd love to tell you i didn't care. truth is i deleted it from my watchlist the day i sold so i wouldn't have to watch whatever came next. this was cope/pure self defense. but it worked. never reentered out of spite, never revenge traded it, never let it follow me into the next decision. not the first trade i royally screwed up. won't be the last. the only part you control is leaving clean.