My Investments Are A Little Down This Holiday Season

The past few days, I have watched Octane wrestle with the results of the FED announcement. It has had gains before having losses then, followed by a couple of gains. It has been trying to eliminate trades with higher lot sizes. (Yes, I know it is not truly conscious.) It seems it is impatient with some of these trades hanging on for so long (some big ones go back to September). As I write this, the drawdown is over $28,000.

My crypto pairs were a bit of a surprise this morning, too. The Fed meetings also had an impact on them.

Not only has Ethereum dropped (so I have lost some value there), but the range I have set up for my liquidity pool is OUT OF RANGE. (This is for ETH/USDT and PENDLE/USDT) When they come back into range, I can continue making money in the pool…and how long will that be? Or, if it is an extended period, I need to readjust my range.

On a positive note, I met with my Crypto guide yesterday. He reviewed my analysis of possible candidates to open a test position yesterday. He blessed my opening a position with ZRO/ETH. He also encouraged me to wait to add funds to ETH/USDT and PENDLE/USDT. I think he was aware that the crypto world might do some moving around in the coming days.

After taking a break to have coffee with family, I find both of the pairs that were OUT OF RANGE are now back in range. Frankly, I thought I would be waiting longer for both of these to come back into range. Disappointed? Absolutely not. I am still cautious about putting in additional funds. Do I know it all? Again, absolutely not. I am enjoying the crypto knowledge journey I am on.

I “think” I will wait until the pairs that were OUT OF RANGE get back into the bottom of the middle third of their range. Is this the “right” answer? Not sure. But, as I experiment and try to find my “cypto-rhythm,” I will know I am in full control of how I respond to any changes. I will trust my guide for direction when the answers are more murky.

About Andy G

Semi-retired dad of 4 biological kids and many others kids. Eyes on eternity while enjoying the blessings this life has available.
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