Today is our twelfth wedding anniversary. I got up early this morning — considering it is a Saturday, and most Friday’s I stay up too late, but last night I limited myself to two beers and went to bed at a decent hour — and ran three miles. I actually did two hours of deep work on my current Rust Exercism, and I’ll admit that I cheated a bit, but only by looking at the Python version of one of the results. I’m still not sure how to translate it to rust. It’s a bit complicated.
We dropped the kids off at my sister in law’s and went to the local amusement park. I bought two beer sampler passes, ten tickets for six ounce cups of brew. Missus thought one was enough, and she was almost right. We left with seven out of twenty punches left on our cards. We didn’t ride any rides, but walked around the park at least twice, which must have been at least two miles. So considering that I ran today and walked all that, I still feel pretty good about it. But I’ve got to go back before next weekend is over, when the passes expire, so I’ll be taking Younger sometime next week. That’s for sure.
I know I sound like a broken record about it, but my Perpetual funding has broken nine hundred dollars. ETH just breached twenty five hundred, and I’m feeling pretty good about things right now. Tomorrow morning is my ‘harvesting’ period, so I need to figure out whether I’m going to compound my positions or pull my money to cash on my Fold debit card. Considering that my Perps are doing better interest than my USDC reFIREment fund, I think I’ll just compound it for now. We’re headed to ATHs and there’s no reason for me to pull out now.
As a matter of fact, Missus finally let me put some cash to crypto. She had about six grand in a retirement subaccount, so I moved it to her BlockFi and set up a recurring daily purchase. It works out to about $55 a day for ninety days. After that she’ll have more cash to move. Once she clears BlockFi’s 0.25 BTC tier we will probably need to have another conversation about DeFi or something, but baby steps.
The next few weeks are probably going to be some of the most lucrative that I’ve seen in years. Time to take full advantage of it. The question is how much leverage can I get away with. I tried to explain things to Missus earlier today, but I’m not quite sure how to explain it to myself. Sure, I can explain the mechanics of funding, but trying to tell how I’m threading the needle with leverage rates and liquidation prices is another matter entirely. All I really can say is that the higher prices go, the less leverage I have, so compounding is necessary. The main question is whether I’m trying to play the funding game, or whether I want to make a huge profit off of leverage. The two aren’t incompatible, but there are subtle differences between the two.
I just need to figure out which one I want.