Once Bitten! A Bitcoin Podcast.

Managing A Bitcoin Crash, Home Birth, Reincarnation and Exorcism - Jake Woodhouse. #596

8 snips
Mar 7, 2026
Jake Woodhouse, Bitcoin podcaster and investor who also writes about real estate, parenting and alternative health. He talks about buying and renovating a house during a Bitcoin crash. He describes using AI to cope and plan, explores reincarnation and energy healing stories, and recounts intense home birth experiences and choices about education and homeschooling.
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ANECDOTE

Buying A House During A Bitcoin Drawdown

  • Jake bought a house and committed to renovations without cash reserves and then experienced a ~50% BTC drawdown.
  • He mixed investment and operational capital, forcing sales and severe stress when crypto value halved during renovation payments.
ADVICE

Use Multiple AI Agents To Break Emotional Loops

  • Use AI as a practical problem solver to break emotional loops and build cashflow forecasts or action plans.
  • Jake sent the same planning prompt to multiple AI agents, curated answers, and used ChatGPT to identify emotional bias and create concrete steps.
INSIGHT

Drawdowns Reveal Allocation Fragility

  • Big drawdowns expose weak liquidity and poor allocation even when you are unleveraged.
  • Jake realized he optimized for maximum coin accumulation, not stability, and that lack of runway magnified the bear market pain.
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