Observation: for about 3 weeks I’ve been like a rabbit in headlights, frozen almost, fearful, as the Bitcoin price plummeted.
Only now am I managing to wrestle back control of myself, and start to think rationally.
Huge lessons being dished out by the bear mkt of Q1 2026…
No hedge
No backup plan
No cashflow forecast
No cash reserve
No tracking of historical spending
Sitting on a five bagger of uncrystalised gains for over a year, made me complacent, and I fell for the hopium of higher prices. 150/175/250/even the 400k that was banded around.
I ignored my own advice. Classic ego move. I thought I knew better. I ignored warning signs.
SCombined with shame as things went the wrong way
Ahead I have commitments
- Fixed capex in a renovation
- Monthly expenses
- Holiday bookings
All of which just got a lot more expensive in Bitcoin terms
Ouch
Panic stations even
Thankfully I’ve mellowed out. The situation is my fault. Avoidable. Yes. But reality. And mine to navigate.
Your vision is to be a “word class investor” of humanistic, intellectual, and financial capital, figure it out Jake!
I think the best part: all these failures, are areas I was wrong, and that I can work on for the future. The next time my net assets are 60% higher from here, I know exactly what I’ll do
Reallocate to:
- cashflow
- cash reserves
- cap growth
- speculative
- cap protection
Ultimately I am grateful for these mistakes. Through failure we learn. Indeed, yes it’s at a cost to the balance sheet, but these lessons are a form of intellectual capital
I am better for it
The cost now, will actually make me far more financial capital in the future
Lastly. Beyond blessed with my wife. I’ve made too many mistakes to list here, against her intuition. I was wrong. I will do better
Onwards friends
💪🏻
npub1lt…6k4fh
2026-02-14 00:35:04 UTC
Author Public Key
npub1ltz38gwwmmg740r5qlqjn96gth5thv5wmhkwlgqks9lu3485q7jsy6k4fhSeen on
wss://nostr.winePublished at
2026-02-14 00:35:04 UTCEvent JSON
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"content": "Observation: for about 3 weeks I’ve been like a rabbit in headlights, frozen almost, fearful, as the Bitcoin price plummeted. \n\nOnly now am I managing to wrestle back control of myself, and start to think rationally. \n\nHuge lessons being dished out by the bear mkt of Q1 2026…\n\nNo hedge \n\nNo backup plan\n\nNo cashflow forecast\n\nNo cash reserve \n\nNo tracking of historical spending \n\nSitting on a five bagger of uncrystalised gains for over a year, made me complacent, and I fell for the hopium of higher prices. 150/175/250/even the 400k that was banded around. \n\nI ignored my own advice. Classic ego move. I thought I knew better. I ignored warning signs. \n\nSCombined with shame as things went the wrong way \n\nAhead I have commitments \n\n- Fixed capex in a renovation\n- Monthly expenses\n- Holiday bookings \n\nAll of which just got a lot more expensive in Bitcoin terms \n\nOuch \n\nPanic stations even\n\nThankfully I’ve mellowed out. The situation is my fault. Avoidable. Yes. But reality. And mine to navigate. \n\nYour vision is to be a “word class investor” of humanistic, intellectual, and financial capital, figure it out Jake!\n\nI think the best part: all these failures, are areas I was wrong, and that I can work on for the future. The next time my net assets are 60% higher from here, I know exactly what I’ll do\n\nReallocate to:\n\n- cashflow\n- cash reserves \n- cap growth \n- speculative\n- cap protection \n\nUltimately I am grateful for these mistakes. Through failure we learn. Indeed, yes it’s at a cost to the balance sheet, but these lessons are a form of intellectual capital\n\nI am better for it\n\nThe cost now, will actually make me far more financial capital in the future \n\nLastly. Beyond blessed with my wife. I’ve made too many mistakes to list here, against her intuition. I was wrong. I will do better \n\nOnwards friends \n\n💪🏻\n\n",
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