Bitcoin has finally taken a breather in the past couple weeks and has been ranging between 60k and 70k. Two weeks ago I bought a lump sum amount at the local top which definitely still feels painful but is nothing new to me after going through my first bear market in the past couple years. At this point my hope is that the price doesn’t go on another rip until after the end of May, when my full year of stocks finally vest. Depending on the price of bitcoin in May and my company’s stock performance, I might be able to buy a full coin. Until then, I’m back to smaller accumulations with my bi-monthly paycheck.

Overall I’m excited about the rest of this year and for 2025. These were the years I was looking forward to back in 2022 and 2023. As someone who is not deeply involved in the financial markets and in macroeconomics, I still have some uncertainty about whether the bitcoin thesis is correct. For that reason my personal net worth is around 80% in bitcoin, instead of 100% or >100%. Even if it’s true that fiat monetary debasement is 100% certain, the future seems to be becoming harder and harder to predict with the advent of AGI and the building global chaos from monetary debasement. These next two years will be the most defining years for me, and possibly for human history as well. We’ll see whether the pace of innovation in AI can continue into creating something more intelligent than humans, or whether it was just a step-function kind of advancement that was overhyped. We’ll probably also see the bitcoin macro thesis fully play out — whether we’ve really reached a point of no return in global debt and the end result is exponentially increasing money printing. And if so, whether we’ll see the nation-state and corporate adoption of bitcoin beyond just Michael Saylor and El Salvador. Ironically, as the price of bitcoin increases, the more I want to buy because it’s a signal of the overall thesis playing out correctly.

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Current BTC price: $69,901

New BTC buy: $2000 => 0.02838752 BTC

The Stacking Report stack: 0.49183684 BTC

Total invested: $30,000

USD performance: +14.6% (since Jan 29, 2024)