TLDR; +635% 2024
The end of the year always comes around, and here it is again.
You can check out my summaries for 2021, 2022, and 2023, but looking back now, there’s not much worth seeing. Still, before I started writing this post, I had a feeling that it, too, might not be very valuable to read later—but I decided to write it anyway, at least for my future self!
This year, I managed my funds in a slightly different way than before. I split my capital into two parts:
An “active fund” for scalping/trading that requires constant attention on a daily basis.
A “passive fund” where, after some research, I just throw money in and basically forget about it.
Here are the performance results for each fund over the past year:
Active Fund: +78%
Passive Fund: +635%
Looking back on the year, it was a time when an enormous amount of capital flowed in thanks to the approval of ETFs, pushing BTC’s price above its previous peak. The once-joking prediction of “Bitcoin at 100K” actually came true this year. I expected to see a significant “kimchi premium” given all that liquidity, but it turned out that wasn’t the case. Last year, the kimchi premium went up to 50%, then turned into a discount, and then went back to around 20%, but this year there was hardly any of that. I suspect that all the “shitcoin drivers” and the people jumping on those coins yelling “Let’s goooo!” ended up curbing their foolish moves, leading to a more “efficient” market.
My “active fund” strategy mainly targets the “dumb money” in the market. I think this strategy failed to fully capture Bitcoin’s gains for the reasons mentioned above. Another big reason was missing out on the legendary
@HyperliquidX . I had plenty of reasons (and excuses) for not getting involved, but I still think I should have at least dipped my toes in it.
The biggest reason I didn’t jump into Hyperliquid was that its early days overlapped with when I was heavily focused on
@friendtech in the second half of 2023, which was a time I was extremely stressed. I couldn’t handle taking on another project. By the time this year rolled around, it felt like it was already too late.
Fortunately, FriendTech yielded better returns than I expected, so it’s not the end of the world that I missed out on Hyperliquid. You can check out my FriendTech review here.
As for “meme coins,” one of the big talking points for 2024…
A lot of people made huge gains with meme coins(such as
@pnuttoken @ai16zvc , but I barely traded them at all. My single reason: the return just wasn’t worth the massive mental stress they require.
Hyperliquid didn’t demand that much mental energy, and FriendTech was almost like a staking project. Meanwhile,
@ethereum - or
@usualmoney -type projects were literally just staking. However, with meme coins, you usually have to stay awake during U.S. market hours, and it’s incredibly draining physically and mentally. Since I aim for maximum returns with minimal time/energy investment, I passed on meme coins almost entirely. If you have a family to take care of, it’s even harder to do these things…
Oh, right—can’t forget about Telegram. The channel I created last year grew rapidly:
In just six months, I went from 0 to 5,000 subscribers, and over the course of this year, that number has exceeded 14,000! Even though it’s not exactly the most thrilling channel, I’m really grateful to everyone who watches and supports it.
I noticed in last year’s annual review that I wrote something about wanting to try streaming, but sadly, I couldn’t fit in a single broadcast. I focus on crypto during the day, and by evening I’m too tired or just feeling lazy… so it’s tough to motivate myself.
Returning to crypto talk…
I’ve always said I believed the market would continue to grow, but paradoxically, I never really held onto BTC. I was caught up in the useless belief that I could consistently outperform the market. I recently changed my mind and just went for a “mindless buy.” I’ve decided not to worry whether the price goes up or down, treating it all like house money. I stashed it away somewhere I won’t look at it. I suspect I might never sell it.
I also traveled quite a bit this year, both domestically and internationally. Once in the first half of the year and once in the second half, I spent a few weeks in Japan, which was a memorable experience.
I basically treat crypto like a day job—no more, no less—and spend the rest of my time with my wife. She really enjoys this arrangement. Compared to last year, I think we spent more quality time together in 2024. Apparently, my wife enjoyed this year enough to make me a fun cake for my birthday, and it totally made my day.
In 2025, I hope to keep up this balance between work and life. I also hope that anyone reading this wraps up the year on a good note and welcomes an even better 2025. Congratulations to all who achieved a lot during this bull market, and for those who haven’t achieved their goals or even suffered losses, I hope 2025 brings you everything you’re aiming for.
Let’s all keep our spirits high and move forward together!