Phyrex|Jul 03, 2026 19:04
Today is a U.S. holiday, so the stock market is closed—basically a day off. I took the chance to read some research reports and also went to practice playing ball for the first time. Now my back and legs are sore! After coming home, I practiced a bit more on my own. Overall, it was a pretty productive day.
Yesterday, I was worried about the dual-currency product expiring today. Even though it ended up being executed and I made a profit, I don’t know why, but every time I sell bitcoin:native, it just doesn’t feel right—especially when I bought it at such a low price.
After today’s expiration, I raised the sell price from $62,000 to $63,000. Unfortunately, I bought Bitcoin at $59,000 and sold it at $60,000. Oh well, I’ve set up another 20-day dual-currency product, and my annualized return is now over 26%. Not bad—it’s definitely better than just leaving funds on an exchange to earn interest. Of course, the premise is that I’m okay with buying Bitcoin at the current price.
I’m fine with that, but the biggest issue with dual-currency products is that if the price rises to a level where I don’t want to buy, it becomes hard to continue. After all, I wouldn’t want to sell at $70,000 or $80,000. So now I’m planning to specifically buy some Bitcoin below $65,000 just for dual-currency purposes. I won’t calculate it in terms of BTC as the base currency anymore—using gold as the base might make things simpler.
Suddenly realized tomorrow is only Saturday. This holiday just got a lot more boring.
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