Daily Thoughts: Sell if you can't sleep, otherwise hold on

I must admit the 30% fall in ethereum has me spooked. I am at my full invested point and am now just here for the ride.

I will sell calls to generate revenue while I wait but as we get further from my target strikes even that revenue is shirking, but is still substantial, at these prices and this IV my position will go up 1% this week. Even if IV falls I will probably generate between 0.5 and 1% for the next month or so.

That revenue along with using leverage to kept some of my funds in other revenue generating plays will help me sleep tonight. Although I will check the price first thing hoping for a rise and fearing a fall.

Stay save out there.

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