Hello everyone!
I usually write my post in the morning, but today it’s coming in the evening (let's see how active things are!). YET.ANOTHER.WEEK. Time flies guys. Honestly, there’s something therapeutic about these weekly reports — feels like I’m keeping a journal. So, let’s get to it!
$BTC (+0.16%) and other crypto aren't doing too well. We've been below the 10/20 MA on the weekly chart for two weeks now, and the correlation with $SPY (+0.66%) is weak, which makes me a bit uneasy. I've still made VERY good profits on BTC and plan to hold some of it for 10+ years, but for now, I plan to get rid of all altcoins and keep only BTC, $ETH (-2.58%) , and maybe a couple more. As I mentioned in the comments, having a lot of coins in my portfolio is more about fun than serious investment. I don’t believe that buying shitcoins is a good long-term strategy — it could even hurt my path to FIRE, but hey, it’s fun, lol.
I bought 700 euros worth of $VTI (+0.75%) and invested 200 euros into my Revolut AutoInvest.
I submitted a request to withdraw funds from my Revolut AutoInvest account :) I plan to use that money to buy $SCHD .
Overall, it’s been an interesting week. I plan to make more purchases this week and am steadily working towards my first 100k goal.
Have a great week, and see you next time!