I read a tweet thread about a week ago of a famous trader on Twitter who made a lot of money in the 2017 bull run and almost has nothing to show for it now at the market bottom. He went from $32,000 to $1.2M, then it’s back to basically zero once taxes are paid. The thread was a reminder of the cruel effect of the bear following a huge bull run. Almost every crypto investor has their share of such a story. The last few months have been a time of reflection by many.
In a previous article, I tried to point out the major takeaways from the 2018 market sentiment. This time, I want to go into more details into my own dealings and choices.