October was really the peak for Bitcoin so far, I didn't think that it would drop back below 100,000 but well things happen. Liquidity is drying up in crypto space as AI seems to be the better choice also I guess other factors too.
In my previous post, I mentioned about holding cash secured puts in IBIT and actually it is really really close to those prices so I might have to buy those positions if it continues to drop and the option get exercised.
Anyway, on the stocks side, we did see a slight pullback when Oracle recently announced their earnings with weaker than expected earnings and forward guidance was not too good and future plans of data centers with OpenAI seems to be delayed.
AI is definitely advancing at a rapid pace but there is a lot of capital pumped into it and investors wants to see how that capital can translate into profits especially massive profits since AI has been marketed as world changing and will increase productivity with less labour. Tesla is gaining some momentum as it's autonomous driving is advancing although we don't know how long it will take for it to be fully rolled out. I am holding onto my position and it has been a long hold, SpaceX seems to be garnering for a record IPO in 2026 making Elon Musk reach crazy net worth.
Bitcoin on the other hand is losing steam in its build up as we see the various bitcoin treasury companies slow their purchases except Strategy. I am cautiously optimistic for crypto as it feels like there is so much leverage and everyone is tired of it. Tired of how we were looking ahead for new highs but yet it crashes like nobody's business. Not really adding positions in Bitcoin at the moment although it is nice to pick some up at this price but no optimism or positivity yet.
Enjoying the year end as time flies back quick and 2025 has been a crazy year, turning 30, thinking more about life and what I want to do in life. It's been a year of reflection and thoughts. As we slowly inch near the end of 2025, it is nice to see that I am advancing in terms of financial and health, feeling good and understanding that being healthy is the best thing ever, don't want to make myself too stressed over work and damage my health like how I did during Covid where I had some stomach issues.
Understanding myself better next year as I enter 2026 is the main goal, enjoy the time with my family and friends, to be present for them. The portfolio is now slightly above $250,000 as compared to Q3 where it was at one point $300,000 so kinda sad but all right since we know how the market is, just scared and curious how low can it go.