Most people are respectful and thankful that I share this journey. The excessive volume of troll and hate replies, however, is rather telling. In 35 years of investing, I’ve never seen a cohort as immature, inexperienced, and blinded as parts of crypto culture.
Close a position that’s up from $4k, roughly a 20x, and suddenly it’s “you capitulated the April lows” or “paper hands.” Mate, Bitcoin is up a whopping 8% since that action. I could buy it back today with minimal cost, but I don’t, because that would violate my stated strategy.
Many of the loudest critics are MSTR Strategy sheep. Had they “capitulated” then as well, they would have avoided a 38% drawdown from those same lows. And lets not talk about alt holders, many of whom are down far more. If you want to hold something purely out of ideology, regardless of price or risk, that’s your choice, but it isn’t mine.
What many fail to grasp is that investing isn’t about falling in love with an asset, no matter how compelling the story. I view investing holistically, from a total allocation perspective. Selling Bitcoin in April, and again now, is simply execution of my strategy. Every strategy has weaknesses, all do. But follow it (then refine it) I do, because I choose discipline over emotion.
For those worried about me “missing out”, I don’t. I maintain a dedicated HODL allocation with a clearly defined long term mandate for that reason, because i believe in it over that timeframe. Separately, I run a more active, daily/weekly strategy designed to participate in upside surprises. If Bitcoin delivers a long-overdue hyperbitcoinization shock, good, I’ll be there.
Otherwise, capital is constantly rebalanced and redeployed. Since the April Bitcoin sale, funds didn’t sit idle. They rotated into things like
Precious metal miners: +141%
Silver: +136%
Tech stocks: +56%
Various AI names: many multiples
Purchased property
Wrote two angel investment checks
Building a new food focused website business
The point is simple, rotation matters. Risk management matters. Flexibility paired with discipline matters. There is always a bull market somewhere, but only if you’re willing to look beyond a single asset and view your portfolio as a total system.
I wish you well in yours.
The European Commission lost the Chat Control 2.0 battle over access to end-to-end encrypted data. By the summer 2026, they will be back with their next attempt: Going Dark. This time some EU member states want to include VPN services.
The Going Dark initiative, or ProtectEU as the Commission now calls it, wants to “enable law enforcement authorities to access encrypted data in a lawful manner”. This is a Chat Control 3.0 attempt.
The EU Commission and several member states are also looking for new rules on data retention. In a new ”Presidency outcome paper”, the member states discuss metadata retention: which websites you visit, and who is communicating with whom, when and how often. The ambition is “to have the broadest possible scope of application” and this time some member states also want the proposal to include VPN services.
Mullvad has spent the last three years opposing Chat Control 2.0 – even though the law would have affected our business positively.
We will continue to fight Going Dark with full force, regardless of whether VPNs are included or not. If VPNs are included, and if Going Dark becomes law, we will never spy on our customers no matter what.
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Det är nedslående att se reaktionerna på mitt påpekande att det är illiberalt att ställa sig bakom Kamala Harris. Majoriteten framstår tolka detta som stöd av Trump, vilket är lika befängt som att tolka utsagan ”jag ogillar katter” som att ”jag älskar hundar.”
Denna antiintellektuella hållning speglar en svartvit verklighetsuppfattning som alltför ofta reducerar komplexa frågor till ett val mellan gott och ont. Vi gjorde det med migrationsfrågan, klimatfrågan, Palestinakriget — och nu rörande det amerikanska valet.
Det duger inte. Det fördummar debatten att låtsas att det alltid finns två enkla val, mellan gott och ont, rätt och fel, bra eller dåligt. Jag vill mana till besinning och en ödmjukhet inför det faktum att de flesta frågor är komplexa.
Att problematisera migrationspolitiken innebär inte att man hatar invandrare. Att ifrågasätta klimatpolitiken innebär inte att motsätta sig hållbarhetsarbete — och det är befogat att rikta kritik mot både Palestina och Israel.
På samma sätt är det med det amerikanska presidentvalet. Det är ohederligt och gör frågan obegriplig att envisas med att koka ner allt till ett val mellan gott och ont.
Hade jag sett horder av uppburna högerprofiler som i svensk offentlighet allierade sig med Trump som det moraliskt självklara hade jag sagt exakt samma sak.
Kamala Harris and Biden's Gestapo police, aka the FBI, showed up at Jeremy Kauffman's house to question him about posts he made on 𝕏 and he immediately made them regret it
The Walk of Shame back to their car was glorious 😂
SHUTDOWN THE FBI NOW!
We don't need #KamalaHarris to build an opportunity economy. Had she not been raised by a communist, she would know that free-market capitalism already built one. The only thing Kamala can do is tear it down.
A wall of negative headlines was so predictable. They’re such NPCs 🤣🤣
All this does is drive even more people to listen to the conversation themselves and realize how much the legacy media lies to them!
In today's Olympic judo competition, Nurali Emomali from Tajikistan 🇹🇯 refused to shake hands with the Israeli 🇮🇱 Baruch Shmailov and shouted “Allah Akbar” instead.
Shortly after, he was crying with a dislocated shoulder. That's instant karma 🤣
Free Palestine? I went to see ‘Palestine’… and almost didn’t make it out alive.
After asking questions on the streets of Ramallah for less than an hour, a group of Palestinian men threatened to kill us if we didn’t delete our footage. This is what we were able to recover…
Welcome to the WILD WEST BANK.
If you want the world to know the TRUTH about what Israelis are dealing with every day, please repost and share this with EVERYONE you know.
#israel #palestine #gaza #westbank
Protests against Israel's participation in Eurovision Song Contest in Malmö Sweden, today. Here we learn how they can support Hamas and intifada: they have a soft spot for totalitarian mass murderers in general. Four of the organising groups even have "communist" in their name.