Me and the Money Printer

Me and the Money Printer

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Me and the Money Printer
Me and the Money Printer
My Wife's First "K Street Trade" and Other Things I Think I Think

My Wife's First "K Street Trade" and Other Things I Think I Think

A Bitcoin reserve sounds stupid... unless the point of it is to...

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Garrett Baldwin
Mar 02, 2025
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Me and the Money Printer
Me and the Money Printer
My Wife's First "K Street Trade" and Other Things I Think I Think
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Dear Fellow Investor:

She laughed, the way she does.

“Are you sure you want to do that? Every time you sell it, you complain a week later when it’s rebounds.”

In late 2022, at the height of the GILT Crisis and the FTX meltdown, I bought Bitcoin for around $21,000.

I sold half when it rebounded from the liquidity bottom and hit $42,000.

Now, the remaining position is up at $84,000 per BTC.

Do I sell half? Or take it all off the table…

I was prepared to sell after the recent downturn, largely because I have questions about the markets heading into the spring.

The question above came from my wife when my remaining Bitcoin position hit a critical mental line I’d set for my remaining position.

She knows little about Bitcoin and cares little about the markets.

However, she seems to have a strong understanding of pattern recognition.

I tend to let “free positions” ride. However, the uncertainty around the lack of stimulus in this environment made me panic (despite all my conditioning).

It hit $78,…

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