I have been investing into BTC since 2019. I have seen my portfolio get slammed, but I just hold onto my coin. Since 2020, I have bought when people say BTC is dead and I take profits when people are feeling euphoric. my wife and I both make about 40k per year, and had 0 dollars in 2020. We just broke 300k in cash and investments. I know people feel very pessimistic about the world, but I want to tell you there is light in the dark times. You can build a portfolio that does well even if one of you assets tanks. but you also need to take profits when people are euphoric and buy when people are super fearful. emotions are you enemy, but other people emotions are one of your directive tools much like a compass.
Posted by beangone666
4 Comments
Congratulations man!
Congratulations mate! What was your strategy for investing, if you don’t mind sharing?
What are you going to do with it?
Good stuff man! Diversifying with low cost ETFs like VT, VTI, VOO, VXUS etc are a great idea.
I would also recommend (depending on age) avoiding high dividend ETFs as they will underperform a total stock market or growth ETF long term and create tax drag from high dividends.