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Jake Woodhouse
jakewoodhouse@primal.net
npub1ltz3...k4fh
Dad, Husband, Investor, MC, & Podcaster | Discussing financial, humanistic, & intellectual investments | Follow to future-proof your happiness, health, & wealth
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jakewoodhouse 20 mins ago
Where’s that meme I saw recently of the Goldmans boss admitting AI has shortened 6 people’s work for 6 weeks pre-ipo by 95%?
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jakewoodhouse 7 hours ago
Last few weeks has been some of the most intense I’ve experienced Got up at 4am to work on what I will do And there it was Clear as day An income strategy that was a niche, leverages my skills and network, plus could be something built for short-term cash and long-term value Through the pain, comes the opportunity Or at least a piece of the puzzle has been revealed that wasn’t clear before Bring it on
Maybe there should be some editing done... npub1m7g4p6xdh9jf4ghjyvs8ks5l594j9aauhg3crdq98tpkxjezfvfsdvm0wr Interestingly, when we recorded this, I didnt realise how poorly prepared for a price drawdown so I wasn't ready "either way" A great case of you live and learn
Heard a bunch of second hand stories of plebs being wiped out by leverage Intense for them
After this price drawdown, and remainder of the bear market, where is price going to be? Ofc no-one knows, but I need to make some forecasts in order to manage capex and expenditure expectations Where would you put the USD/BTC price every 6 months for the next 5 years?
GM Touch sand Reminding me to stop stressing about what is out of my control Sending top vibes Have an amazing day image
Another lesson in hindsight: I should have an easily accessible margin provider Be that against BTC or any other asset Had one been better prepared, the panic sell off, actually presented a great buying dip, had one had the dry powder
Bit of a relief rally happening this Sunday? Feels like it As the only large macro asset that trades over the weekend Some nimble capital is jumping in
Downloaded an app called Pocketsmith to track expenses What gets measured gets managed Given the drawdown, it’s highlighted how insane it was that I wasn’t tracking this Having one’s highest ever net wealth calc each week lured me into complacency Having a clear grip on monthly costs will be a key tool for the future And is obvious drawdown protection Given you can calc future cash flows more accurately, and see when liquidity is needed I am already a better version of myself Have to get better again
One of the few positive bits of information I’ve found this last few weeks Is that we’ve actually been in a bear market for quite a while So although I’ve only just realised The duration to the next bull is not as far off as it might seem Small wins But they’re helping this morning
Really hitting home why they’re called “hedge funds” They perform on the way up And on the way down Going forwards, with Bitcoin as ones main asset, I will be far more aware of how to navigate the way up, AND the way down We’ve got a decade at least of this volatility Equip yourself now And there is going to be many opportunities in the future
Do you think Gold can act as a slingshot for Bitcoin? npub1m7g4p6xdh9jf4ghjyvs8ks5l594j9aauhg3crdq98tpkxjezfvfsdvm0wr