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Bitcoin transactions over approximately four years, starting from the latter half of 2020.
This presentation outlines my Bitcoin transactions over approximately four years, starting from the latter half of 2020.
The miners acquired from 2020 through February 2021, proved to be highly profitable. Not only did I sell most of them at a profit, but they also mined considerably Bitcoin.
All my miners - Antminer and Whatsminer brands - were liquidated in October and November 2021. The Bitcoins that had been mined were sold too, when the price was near the $60,000 mark.
Congrats to those who began accumulating Bitcoin when it dipped to around $16,000 at the start of 2023. Instead of joining them, I have only bought Bitcoin back into a half position in mid-2023 when its price was $30,505.
Subsequently, I added a quarter position to my investment in October 2023, purchasing at $33,850. I document all my Bitcoin and stock transactions with timestamped posts on Stocktwits.com.
My most recent Bitcoin transaction, an additional quarter position, was made on February 9, 2024, when the price rose above the $50,000 mark in higher volume.
Since February, I've set a Bitcoin price target of $80,000 for the second half of 2024. However, I anticipate revising this target upwards and do not plan to sell Bitcoin within this year. Furthermore I'll replace my miners before they are one year old.
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