from wu

money

The chart and the feeling

The numbers and the experience of living through them are almost never the same story.

For about five years I kept one price on a screen. Bitcoin, in dollars. I told myself I was studying volatility. Mostly I was feeling it.

A wide, quiet mountain landscape at dusk
The long view is easy to admire and hard to sit through.Unsplash

What the numbers say

Here is the real series, the CoinDesk composite, rendered the way From Wu renders data: light, one accent, no red and green.

+84.8%
total return
2021-07 to 2026-05
13.3%
CAGR
-73.4%
max drawdown
56%
annual vol
0.55
Sharpe
2021-07 2026-05
Growth of $1 in BTC-USD. Source: CoinDesk Composite Index (ccix), BTC-USD, 30-day candles, fetched 2026-05-24.
2021-08 2026-05
Monthly returns. Up bars ink, down bars grey, deliberately no red and green.
monthclosereturn
2026-05$76,660.47-5.86%
2026-04$81,434.43+18.27%
2026-03$68,852.96+2.37%
2026-02$67,261.55+7.08%
2026-01$62,811.67-32.98%
2025-12$93,720.48+3.66%

On paper that is a good outcome. Up about 85 percent over five years, a 13 percent compound rate, a Sharpe near 0.55. If you only ever saw the first number and the last number, you would call it a win and move on.

What it felt like

The drawdown is not a number. It shows up at 2am, as a question about whether you were a fool.

The same series fell 73 percent from its peak along the way. That is the part the summary hides. A 73 percent drawdown is not a statistic when you are inside it. It is a slow argument with yourself, every night, about whether to sell. The chart recovered. Plenty of people did not hold on long enough to find out, because the feeling was not on the chart.

A talk I keep returning to

Play

The thread that reframed it

Naval@naval
How to Get Rich (without getting lucky):
May 31, 2018 on X

The thread continues. In our house style we re-typeset the rest rather than embed the whole chain, so it stays quiet and loads nothing extra:

Seek wealth, not money or status. Wealth is having assets that earn while you sleep.

Keep the worksheet

PDF Decisions worksheet 2 KB

What I know now is that a chart is a record of what happened, not a record of what it cost to be there. Keep both. Size your bets to the feeling, not just the number.

Wu · Da Nang · May 2026

Scaffold sample: real market data via the CoinDesk MCP, a real YouTube embed and a real tweet, plus the PDF viewer. Replace with a real essay.

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