Picking up pennies off the track

Everyone is trying to predict the cycle top, while I’ve already secured 4 more years of not working.

I believe my experience and slightly different approach might help someone, so I’m going to share.

I started to dive deep into BTC in 2017. I sat back and watched the cycle play out because I knew it would be emotionally and technically easier for me to time the bottom.

I started buying BTC in 2019.

I had one lucky trade during covid, went all in on Tesla in the 2020 March crash and sold after the split in September. Then rolled all that into BTC under $10k.

In 2021, I sold between $45k and $55k. Not all on the way up, some on the way down, after it was obvious the cycle was over.

That cycle retired me. I was already in a solid financial position, but was far away from retirement. It would have taken me 30 years to 10x at 8% compounded.

I rinsed and repeated. I loaded up again in 2022/3. I bagged 6x gains this time, not because that’s all the cycle might have to offer, but because thats what I need to safely execute my strategy.

Following someone else’s strategy is where I have seen, and felt, the most anxiety. My strategy is unique to my abilities, our family needs, and acceptable risk management. If timing the top was my strategy, I would not feel good and that would ripple out into my life.

This time around:

I’ve rolled 2/3 of that into STRC. Dividends paying out monthly bills. I’d go all in on STRC, but I don’t know how it will hold up in the crypto winter.

The rest in high-yield savings waiting for the next bottom. Regardless of the super cycle theory, there is a business cycle and fear always comes back.

I honestly it feels like I’m doing what’s most obvious. I think it’s only difficult to see when you’re blinded by greed.

Note: I have BTC in cold storage in a safety security box that’s literally in another country. Also have another somewhat diversified portfolio in gold and stocks. But I think about this as an all has gone to shit fund or something for our kid to inherit.