In 2025, my trading core has only one thing:
to continuously turn uncertainty into certainty that I am willing to hold for the long term.
1️⃣ Aster → BTC
I have held Aster for over three years, cashing out at a high this year and simultaneously converting to BTC.
The Aster/BTC exchange rate hasn't earned much.
2️⃣ ETH: Execute the established plan with options in advance.
I had previously made it clear: if ETH reaches $5000, I need to handle a spot position of 2000 ETH.
Therefore, when ETH rose to 4500+ in August, I did not wait for the spot to touch 5000,
but chose to short 2000 ETH's 5000 Call (expires on 12.26),
One-time payment of 1.38 million USD in royalties.
This is not about gambling, but rather bringing forward the original plan to sell ETH at 5000 using an options structure.
1.5 million USD transferred in and first participated in US stocks.
Using 120,000 of my own funds + 1380000 in royalties.
Gathered 1.5 million USD to invest in US stocks:
Robinhood, Tesla (3-year virtual 20% call option) + Cango spot.
Trading record: I exchanged the rights for Ethereum's rise over the next four months for Robinhood and Tesla's rights for the next three years.
Partial cashing out, continue to roll.
Close long call options on Hood / Tesla by the end of October.
1 million earned 700,000.
700,000 to buy silver.
1 million continues to roll over, 3-year virtual 20% Tesla Call.
Trading record: Big Orange | US stocks 80 days trading review: Structural adjustment at the end of October.
Go for altcoins, only keep BTC / ETH.
Completely sold BNB this year, exchanged for BTC.
Currently, the crypto position is 50/50 BTC / ETH.
I firmly believe: BTC and ETH are more like the relationship between gold and silver.
Overall, 2025 is not considered my most successful year in trading.
My core positions have always been BTC and ETH, so even if US stocks perform well in phases, the overall impact on my assets is relatively limited.
From the results, BTC's performance this year has clearly underperformed gold, silver, and some US stocks, even worse than A shares.
But even so, I still have 100% confidence in Bitcoin's long-term future.
