G, should I buy back crypto?

Hello my intelligent and astute readers of my dying blog.

I hope those of you that follow my twitter are amused but also educated by the content that I pump out.

Anyway, just want to say, wew look at crypto.


For context of those tweet above, see the chart below.



I roughly bought in at $104 in Feb and now we're sitting at $195.

Quick math gives you 87% ROI in slightly over 3 months.

Well of course anything that pumps so hard and so fast is probably due for a pullback. But then again, this is crypto, which is coming out of a year long -90% bear market, works on an accelerated timeline, 24/7, with margin traders. Before you know it, the pullback is already bought and we're making the next leg up, and bottom catchers are left chasing. Doesn't matter though, I'm comfortably long after bringing down the average prices of my purchases since the last cycle.

Btw, when I say I bought boatloads. I bought B O A T L O A D S of ETH at that price.

Saying I bought hundreds of ETH, would actually be literally true.


Moving forward as the market starts to draw in the new wave of traders and retail speculators, I think we'll see things start to get very spicy again. (read, VOLATILE, and NOT parabolic ascension to the moon)

Here's a video for you all to enjoy.


Given the fast nature of crypto, I have decided to use my twitter account as my main. However, I do plan to periodically make blog posts here for longer threads and also recaps on how the market is going.

As always, crypto is dangerous af. If you have no idea what you're doing, you're just my next meal out there. All the best to everyone, even all the crypto skeptics.

Comments

Popular posts from this blog

The HERD is coming into Crypto!!!

46% of 2017 ICOs have already failed, Yours is next

Value Investing Case Study: Does it apply to Crypto?