In just a short 3 months, the volatility of the market has been insane. I started off with only hundreds. As the prices went up, I bought more thinking it will rise higher. My portfolio then reached thousands.
And then it dropped.
I shan't act brave, but my eyes widened each time I opened my app. 1 month back, I was at 20% paper gains, but today, I am at negative.
Despite that, I see this as a good time to DCA. That said, ironically when the crypto market tanked a few days back, I couldn't enter gemini due to system error. My husband faced the same for binance as well.
I currently hold only BTC and ETH. My husband has been more adventurous to hold a lot more alt coins and his portfolio is a 5 digit figure. I am actually glad that he is taking steps to invest as he isn't keen on managing his money.
Not that I am great either because I accumulate my wealth mostly through employment/savings, not investments. But, we are taking baby steps.
Back in Jan, I mentioned I had doubled my stocks portfolio in Tiger brokers to $70k.
Other than deploying my warchest towards crypto, I have been accumulating more tech stocks and REITS. Since Jan, I've pumped $50k into the following:
- PA Good Doctor
- Lion-OCBC Sec HSTech
- Keppel DC
All through Tiger Brokers. They are now offering 1 Starbucks stock for new joiners. You may refer to my post back in Aug 2020 on the beginner guide to set up the account.
If you are keen to receive the free share and use Tiger Brokers , kindly use my referral link, or scan the QR code to sign up😊