Skip to main content

I bought the dip for crypto and stocks

Crypto

Back in Feb, I shared about my foray into the crypto world here. The only platform I'm using is Gemini (you can refer to my guide and referral link)

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.


PS - If you are keen to kickstart your crypto journey, do consider signing up for Gemini via my referral link here where we'll each receive $10 BTC. Thanks in advance.

Stocks

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:

- Tencent 

- PA Good Doctor

- Nvidia

- Coupang

- Lion-OCBC Sec HSTech

- Ascendas

- 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😊 


Lastly, 600k in net worth soon.

In Dec 2020, I celebrated crossing $550k in networth. I am estimated to hit $600k networth in Jun.

I look forward to sharing this via a new post soon!💪
Labels:

Comments

Post a Comment

No rude messages please. Unkind messages and spams will be blocked and deleted.

Popular posts from this blog

I finally cross $700k networth, after 1 year 4 months

I wondered how I should kickstart this post - should I be positive or negative about this? After 1 year 4 months, I finally crossed $700k in networth - returning back to where I've been at, back in Dec 2021.  I am disappointed.  For the past many years, I've always been growing my networth, at around $100-$150k/year. I had big plans to hit a net worth of $850k by December 2022, but the universe had other plans for me. Instead, I only managed to reach $646k, leaving me with a $204k gap to my target.  Ever since I became more aggressive in my "investment" portfolio in 2021, being sucked by greed to deploy most of my cash into stocks and crypto, I fell heavily, along with the crashes. Crypto wiped out 5 digits savings, so did the stock market.  To be honest, ever since the crashes and a bad hit to my net worth, I actually didn't do anything special to improve. I didn't make drastic spending cuts, I didn't stop my holidays, I didn't continue investing (no
2 comments
Read more

What the luck? DBS and OCBC banking tokens died!

What luck. My ibanking tokens went dead one after another. OCBC Token First was my OCBC token. It said "low battery", but I ignored it. And when I finally need to use it, it was dead. Granted that I could use SMS OTP, I had to make a big transfer to other banks and it was over the withdrawal limits. And to do that, I needed the ibanking token. And serve me right for not activating the onetoken. In the end, I had to call in to OCBC call centre for a replacement. 7 working days, they said. What a long wait. In the midst of it, I needed to make my interbank transfers. I even went down to OCBC bank and explored a stupid manual way i.e to withdraw cash and deposit into the other bank. But the moment they told me they ran out of big notes, I got scared. While waiting for the token to arrive, I figured I could actually do transfers in smaller amounts, but had to bear with a daily cap. Sigh. And, one week later, my OCBC token arrived. How efficient. DBS token
3 comments
Read more

Extremely bad start with UOB One

With the influx of posts on social media re UOB One (psst on grabpay) and the receipt of my house keys, I decided it was the time to sign up for a UOB One account plus credit card. It was gonna be the best tool for household joint expenses and joint savings. However, I've faced multiple hiccups that made me VERY frustrated....WHY ME?! 1. Delayed approving process led to losing out of sign up bonus First, I signed up for the UOB One card and Account in early Oct through Singsaver's promotion. The promotion said that I'd get to enjoy cash incentive for registration + UOB's promotion of $80 cash credit with min $1k spent within 30 days of card approval. Mind you, t hese terms were stated to end on 31 Oct , extracted below: S$80 Cash Credit for  UOB  One Account:  Limited to the first 500 new to  UOB  Deposits customers who either (i) deposit and maintain $5,000 or (ii) credit their salary, into their new  UOB  account for 6 consecutive months. Terms and conditio
11 comments
Read more