Lazy's Notes: Everything is Against my Finances


Hello Hello,

let's start with the elephant in the room.

1-BITCOIN 

Last year, I bought €1,000 worth of satoshis when Bitcoin was hovering around €92,000, roughly $93,000 at the time.

I knew Bitcoin was volatile. It was an acceptable risk. Here’s the "fun part": Bitcoin didn’t really betray me. The euro did. Forex is the dark knight of this story. It pierced my deposit and ran away with my gains. 

In dollar , Bitcoin has behaved… reasonably. No supernova explosion, no apocalyptic disaster:

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Last year started around $100k, went down, hit ATH, went down again, and now it’s sitting around $95k. Fair.

But because the EUR decided to flex its muscles while the dollar quietly disguised himself as a poor fighter:

 

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The same BTC started last year at 100K € and .... ended at 82K €...

Welcome to the harsh forex reality. Bitcoin is an hedge against fiat debasement but when you need to convert into another fiat, the table can flip very fast.

I earned 2% in USD but lost 8% in EUR. 

If you’re a non-USD investor, don’t forget: When you buy Bitcoin, you’re also placing a bet on the dollar. And sometimes… you win only one bet :-( 

2-BFG

it was going good. Slow but steady growth, 0.0001 BFG for bet.

Then I distracted to check my phone. My son wanted to "help" me and pushed the button three times. My 7 dollars disappeared.

I took a bit of risk and tried to rebuilt.... but Lady Fortune decided it HAD to be a bad evening and so my 1300 Satoshi vanished.

Son costs... (less than wife anyway). 

3- EMBER

so Ember decided to mutate. Before you would get 1sat/hour no matter what and when you activate it you would get more sats per hour depending on the number of affiliated using Ember ( so 3 or 4 for me). 

Now you get 0 as base unless you activate it. But you can activate it only if you have a valid session. And at my level I get 10 session per month.... 

I got pissed off and tried my luck with dice, hoping to claim the rakeback. I failed, I have now just 19 sats... still 37$ to rakeback, (93% completed).

Lootup, CoinpayU and Cointiply are still growing and I got another Epic land on Atlas game. Life goes on.

 

see ya, with love and anger,

Lazy

 

thanks to Google for the images!

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Lazyboy
Lazyboy

Free crypto is the best crypto. Click&gain is my mantra.


crypto ignorance. Make cryptos knowing nothing.
crypto ignorance. Make cryptos knowing nothing.

A poor dad from Italy tries it's best to get some crypto coins despite his family, injuries, the lack of a personal computer and a full time job. Of course without using any money from his account, controlled by his wife... .

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