Incredible insight into how you are feeling Jake.
I’m in a similar boat with commitments and promises made to family - I too was banking on much higher prices for 2026.
2 things I am going to do...
Thanks for sharing. Together we can work through this stuff!
1 - this is a nice point. I never took leverage at 5x, something warned me off it, and as the price drew down, I knew why. But from here? Sure. My feeling is 95% of max pain is behind us. Yes it might drop a little more, but not by 50%. So LTV here would be a solid base for a market climb. What %age of your stack would you consider as collateral? 10%? With 10% on sidelines for any potential drawdown?
2 - always a good idea to review. If your heirs never got any bitcoin, as it was stuck on your iPhone, it would be a catastrophic fuck up. I do it all myself, but lots has changed in 5 years, is there a service you like? Or would like to see?
🙏🏻
1 - this is a nice point. I never took leverage at 5x, something warned me off it, and as the price drew down, I knew why. But from here? Sure. My feeling is 95% of max pain is behind us. Yes it might drop a little more, but not by 50%. So LTV here would be a solid base for a market climb. What %age of your stack would you consider as collateral? 10%? With 10% on sidelines for any potential drawdown?
2 - always a good idea to review. If your heirs never got any bitcoin, as it was stuck on your iPhone, it would be a catastrophic fuck up. I do it all myself, but lots has changed in 5 years, is there a service you like? Or would like to see?
🙏🏻
❤️1
