I’M IN THIS FOR THE LONG TERM – Etoro will either have to kick me out, close down or do something drastically bad for me to leave. I see my portfolio is part of my retirement fund. Therefore, I will only withdraw money if I made a lot of profit in one year and must cover taxes that I can’t otherwise pay, or in an emergency. So far I’m almost 500% in profit since I started in late 2017.
📈Market Update
Nothing particularly new to report compared to my previous posts. We are in a waiting game.
The market is volatile due to uncertainty on a global scale. That being said, as assets go up more often than they drop, so mathematically we only need to buy at the drops, and stay on the train when there is a bull market. As majority of my portfolio is long-term, we will win by waiting. The better choice in assets we buy, the better potential gains.
Other than Bitcoin/crypto, I’m also excited for these two stocks: $SHOP (Shopify Inc.) and $FVRR. I believe that in the medium-term (1-6 months) we will witness nice profits.
📊Portfolio Update
I’ve recently changed a chunk of my portfolio.
I’ve removed and replaced some crypto positions (deadweight, I call them) with other crypto positions. Closing in minus is only bad if you give up and cash it in. I have instead opened other trades with that cash, which could make a lot more profit in my opinion. This approach seems wiser in my eyes than hoping, one-day, for the original asset to recover. New cryptos include: $SEI, $SUI and $HNT .
Stock-wise, I’ve also ditched a few short/medium-term positions and opened a few new ones, namely: $MELI (MercadoLibre) and $RMV.L (Rightmove PLC)
MELI has broken through its all-time high, so I predict a bull run for this one.
I’ve also doubled down on $SHOP, $BTC and $RENDER
Thanks again for your trust!
Dave
... Show More
