
Miles Deutscher|Apr 10, 2025 09:13
Trade update & reflections:
Super glad I pulled the trigger during the mass tariff panic a couple of days ago.
Got some nice entries on BTC at $75k (up 9% now) and equities (up 10% now), also made the decision to hold many of my alts instead of capitulating (which i was temped to do at one point).
Buying peak fear has never failed me, and this time is no exception.
Moving forward: There is a case to be made (which I highlighted in a recent post - reply below this tweet), that this move slightly mutes the mid-long-term bullish outlook (whilst simultaneously mitigating some of the downside risk).
For this reason, I will probably be a net seller over the next couple of weeks, even on some of my recent buys (unless we get positive resolution from China - which is still a wait-ands-see). The initial plan was to hold these entries super long term, and a portion of them I still will, but Trump's response compels me to take more of a cautious approach. Will keep you updated.
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