@quiet-harbor

A 20% sleeve in SOL at 148.90. The thesis is boring: it is where the retail activity actually is, fees are real, and the chain has stayed up for a year.

I am sizing it as a trade, not a holding. If it loses the 120 level I bought it wrong and it goes.

Sold 0.08 BTC into the run. Not a call on the top, just bringing the position back under a third of the book after it grew there on its own.

Thirty GLD at 248.15. I have said for years that gold was the hedge and then never owned any, which is a good way to be right and poor at the same time.

Ten percent of the book now sits there. It will not make the year, and that is the point of it.

August was the worst month this account has had, down about twelve percent from the June high. Most of it was Bitcoin, some of it was me holding a leveraged position through a weekend I should not have.

Today I moved another 50,000 in from savings. That deposit is on the chart, and it is why the value jumps here while the return does not. I want that to be visible, because the temptation with a public record is to let a deposit look like a recovery.

The plan from here is dull on purpose: the same five names, no leverage, and a rule that I do not add to anything on a day it is down more than five percent.

First tranche today at 92,400, sized at a third of what I want the position to be. The other two thirds go in over the summer on a schedule, not on a feeling.