The Financial Times published a message yesterday that kept me watching for a long time. Iran is demanding that all oil tankers passing through the Strait of Hormuz pay a toll in Bitcoin. $1 per barrel, about $2 million per ship. Payment methods: $BTC , $USDT, and the Trump family's $USD1 token.

I did some calculations. Before the war, there were 130 ships passing through Hormuz every day, and if it returns to that level, it would require 3,611 BTC per day. The entire network only produces 450 per day. Iran's monthly toll revenue is 8 times the global monthly mining output.

Of course, there are voices of doubt. FT's report used "reportedly," and the source is not fully confirmed; a crypto intelligence company has also publicly expressed skepticism. But regardless of the truth, the market has already reacted.

$BTC Current price $71,761. A week ago $66,000.

What was I doing a week ago? My 100x BTC long position was down 81%, staring blankly at a screen full of green. The crypto community was in despair, Iran cut diplomatic channels, and BTC dropped to $68K. My average entry was $68,311, and the marked price briefly fell to $66,888, leaving 38% room before liquidation. To say I wasn't scared would be a lie. Those days my mind was fighting—should I bail? Should I double down? Should I stop-loss?

I didn't bail, and I didn't stop-loss. I just sat still.

Then Trump agreed to the ceasefire, and BTC shot back up to $71K. Then the FT news dropped, and BTC broke through $73K. Today, my long position netted me: +$302.18, with a return of +505%.

One hundred times leverage, from down 81% to up 505%, took just one week.

This week I did nothing but not bail. But 'not bailing' when you're down 81% and everyone is shouting crash is harder than any move.

Some say this is luck. Maybe it is. The Iran ceasefire, BTC tolls in the Strait of Hormuz—these are events I couldn't predict. But I want to say one more thing: luck only helps you once, but your position management determines if you can wait for luck to show up.

My liquidation price is $39,345. When BTC dropped from $68K to $66K, I was 38% away from liquidation. This means even if $BTC it drops another 38%, I won't get liquidated. This margin of safety was calculated when I chose 100x leverage. Not to gamble on size, but to still be at the table when the market is most panicked.

Is BTC really going to hit $100K or $200K? I don't know. The fact that Iran used BTC for tolls might eventually be debunked, the ceasefire could fall apart, and Hormuz might close again. But one thing I'm increasingly sure of: when the current financial system hits the fan, people will flock to BTC. Not because of how much it has risen, but because it's the only financial network that doesn't require any permission to use.

The U.S. sanctions on Iran cut off fiat channels, and Iran chose BTC. They aren't investing; they're surviving.

I have a CRCL option with a strike price of $160. A week ago, I was down 10%, but now I'm in the green. My BTC long position, which was down 81% a week ago, is now up 505%.

These numbers aren't bragging; they illustrate a principle: the market rewards not the smartest, but the most resilient.

Those who shouted 'crash' at $66K are now saying at $71K 'this is just a dead cat bounce.' Both rises and falls have reasons; just never make decisions.

I'm not investing in BTC. I'm waiting for a future that I'm not sure will come. If it doesn't come, I might lose my margin. But if it does, and I already bailed at $66K—that's what I'd really lose.