Yung Zo

@yungzo

7 Following

39 Followers

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It's been a busy day. I really could drink a nice cold one. Working on Black Friday promo stuff for work. It's always one big project another another and I know I'm going to get burnt out again.

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Another reminder to myself to ZOOM OUT often. It’s easy to get caught up of a few days (weeks and months) of Up Only. Then days that the market pulls back a little, we all get salty! 1. Is your portfolio value larger then when it the run up started? 2. Are you doing any capital preservation? 3. Are you planning for taxes, capital re-entry and profit exit (lock it up)? There are some things i’m reminding myself early in the run. I don’t want to paper chase and also be salty at other peoples success. We’re all here trying to do the same thing. If I have a plan and follow it, then that’s all that matters because it’s far too easy to round trip and be drunk with greed,

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I have a target in mind that would basically cover my initial capital and make this stack a FREE ROLL! Then set targets from $10 to even possibly $100 (moon shot). Crypto does come at you fast, but I need to learn from past mistakes and Cash out before I Crash out!

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Posting here, because the noise here is much more subtle and my mind is much more clear in this part of the web. The only MEME/DOG coin I've invested in this cycle has been $WIF. I got in pretty early when I first started buying, but it was more so for play money and ran $1,000 up to $8,000 when it hit over $1, $2, $3 etc. Eventually rolled it back into $SOL then I cashed out during the correction POST $BTC ETF narrative. I re-entered during the bear and put in another low 4 figures on this coin, decided this would roll back into $SOL once it pops eventually. One of the "things" I looked forward to is when it got listed on Coinbase. Coinbase officially listed $WIF, which could explain its pre-pump yesterday and right now it's over 30%. I still think it's too early to cash everything out, but it's a serious time to look at targets and frequency of cashing out.

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So much noise today. I have to do a demo for the marketing team this morning. I'm starting to get hit up by last cycle participants. I'm getting noti's for BTC hitting new ATH, but I can only focus on $COIN being down today.

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*breath* That's part the bull cycle. The feeling of Up Only feels like it should be forever. The moment there's small pullbacks of even 3% and it's like all hell. LOL

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So true!!!!!!! I'm really wanting to just "chase" right now, but also know that there will be 20-30% corrections.

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That's not a bad plan at all. That's the best way to not roundtrip. Plus, you're at a point where it's all about wealth preservation. That's where a lot of CT people just overlook that and think UpOnly.

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When I first entered the scene, it was mid to early TOP of 2017 run. OMG... that run from 10K to 20K was like.. WTF is happening!

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In Crypto markets, all I have are spot positions and positions I've secured during bear markets (POST BTC ETF). Market sentiments can do a number and it really makes me push goal posts back more and more, but I realize I need to schedule in some EoY profits and to do the same where I schedule out often towards March/April for taxes. ☑️ Try not to add "new" money into this cycle. ☑️ Try not to re-enter money that was taken out of the market These are just some items to my checklist that I need to follow

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Even though I still hold some doubt, I need to remind myself WE ARE IN A BULL RUN! I've seen BTC climb to 82K before bed. I woke up and saw notifications for 83K, then 84K... most likely 85K later this morning. I've already went risk-on and, NGL, started "CHASING" but have plans to cash some by EoY (I pray and hope I don't deviate too much from plans). I had small/mid cap stocks I went in on last quarter that were up, but I didn't cash out and they dipped hard because of "soft" guidance. I cashed out of those positions and to make up for the losses, I literally put it all into $COIN on Friday and it's already paid off. ☑️ Cash some of the cost basis ☑️ Cash out often, scheduled, towards March/April (for taxes)

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However, plan is to cash out MOST at EoY and put back into my less volatile $VUG ETF, but it follows large cap tech companies.

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I also went full risk-on with my stock portfolios. I basically went crypto adjacent and bought up COIN.

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- Look to EOY to cash out some and keep cashing out some till April to help offset Taxes.

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Crypto-related reminders to myself: The moment I can't sleep and I'm creating an exit plan is probably a good time to cash out some. This happened to me during the Pre and Post run-up for the BTC ETF Approval. At my age, KISS (Keep It Simple, Stupid!). This time around my bag is very very very very very simple. I still have my Crypto holdings from when I started (BTC + ETH). I sold and planned for taxes in early 2024 and ended up re-entering but only in SOL and WIF. With market sentiment in Stocks and Crypto and upcoming President Admin and Policies... I went full risk-on with freed up cashflow earlier this week.

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Don't get me wrong, we are doing ok. Especially being a one household income with 2 kids, 2 dogs in an area that's HCOL. We're not considered "rich", but we're upper end of middle class maybe? Above Mid, below the top. But yah, I still have trouble enjoying spending money. I rather save and invest.

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Health is wealth! Work stress has been more balanced, but comes and goes. My wife and I take the dogs for a walk more frequently. We try to do it everyday, but sometimes it's just not possible. I've reached a new "weight" goal and also my pants are really starting to fall off me, which I'm not use to. Next year, I'd like to get down to a certain weight, but my focus is getting more muscle though. Muscle is the first thing that goes when you get older. My neck, my back, everything is out of whack. I've seen the chiropractor 4 times this year already (all within the last 2 months). Looking to strengthen my back, shoulder and neck. More mobility and resistant workouts. Also, handle stress better. Spend more time with family. I stress about always saving and making $, but sometimes we also have to enjoy it. The problem I have about trying to enjoy it is that I CAN'T ENJOY IT. My family can, but it's hard for me to justify value in doing something when I'm use to SAVE SAVE SAVE INVEST INVEST INVEST and SAVE!

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Just things in general. My "Suggested" TL is filled with MAGA bro's just flaunting it. The potential cabinet picks just going crazy. Talking to my Brother in Law also probably got to me. He has a "point of no return" mentality.

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Looking at the twitter at TL scares me. I hope it’s just an echo chamber because fkkkkk!!!

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I'm withering away! I started to send out a couple of resume's and I've been job searching. I'm still working, but not really happy. Job market isn't great, so I don't expect much. I'm trying to make the most out of my current situation, but I'm burnt out. I drove back to my parents house last night. I'm picking them up and taking them back up with me so they can spend time with there grand kids. My oldest turns 7 this week. Absolutely crazy how fast time goes by.

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