as i write this i am still holding an extremely irresponsible amount of $PEPE and have almost zero intent to sell it anytime soon. i bought it when it was trading less than a billion dollars and now its gone up over 10x from there - so why shouldnt i book a profit?

id hate to sell my coins because i think crypto will only continue to go up a lot, especially if the government keeps teasing a united states bitcoin reserve. this make sense to me if other world powers eventually try and make their own currencies to dethrone the dollar, and it makes sense because the dollar keeps getting devalued whenever the government prints more of it. i dont see a world where the united states ever reduces its money printing efforts, so its only right to denominate your wealth in crypto coins and keep holding or even buying more of them.

maybe a week ago i tweeted that i hold more money in $PEPE than i do in my bank account, and this is true except now since the coin has doubled, its twice as true. i dont need a bunch of money available to me right now, and i dont think $PEPE will go to zero, so why should i sell it? now that its listed on coinbase it might go up as much as $SHIB did after it got listed, and i think green frog coin is a much better meme than a shiba inu dog.

my roth IRA has also been almost entirely crypto (first through GBTC & ETHE, now in the form of ETFs) since maybe 2022, and even though my positions were in the red for a small amount of time, theyre up a lot now. i like putting money into a roth IRA because even though they dont let you deposit a lot, it forces you to keep at least some of your money safe.

i think everyone should have a roth IRA, even if they cant deposit the full amount every year. its rare to get an opportunity to do something that's tax-free, and i will gladly lock up my money for forty years if i can eventually receive multiples and multiples of it without needing to pay taxes. peter thiel was able to use a roth IRA for his paypal (or maybe facebook) shares and now he has billions of tax free dollars in an account (or maybe multiple).

i think thats the real american dream.

i hope that in a year or more there will be ETFs for almost every coin - id love to have my roth IRA be 100% allocated to a $PEPE ETF and think young people everywhere would prefer this over apple or microsoft stock - they would even prefer it to bitcoin and ethereum ETFs too.

we are in a bull market and its easy to make money everyday, or at least every week. you need to be using a trading journal to keep track of your thoughts and opinions on coins, and its important to know when to sell if youre acting too irrational or caught up in the numbers on the screen. i dont intend to sell pepe for a while and think ill eventually sell it for 10-25x higher, pay my taxes, and use that money to do whatever i want.