Ape (@Ape65) en getquin

As announced, the second reduction in the proportion of Bitcoin in my portfolio at EUR 100,000. Bitcoin now accounts for just over 60% of my portfolio. I would like to take this as an opportunity to share my Bitcoin story with you.

I bought Bitcoin for the first time back in 2017, but also sold it again at the time. I never held it, but actively bought and sold it. Even back then, I was toying with the idea of investing in Bitcoin, but my father kept talking me out of it because he thought it was nonsense. After experiencing one all-time high after another, I eventually decided to do my own thing and go all-in in Bitcoin.

It was also the only asset I was interested in at the time. I didn't care about shares, ETFs, gold, etc. So I went all-inand of course in 2021, at the absolute all-time high. I caught purchase prices of 40,000, 50,000 or 60,000 euros. Once all my money was invested, Bitcoin naturally went downhill.

A small insertion: All my money at the time was around 20,000 euros, out of the original 100,000 euros that my father gave me for my 18th birthday (I'm now 25). Where the remaining 80,000 euros went is a topic for another post.

Spoiler: they were not invested.

During this time, I sold a bit - according to the motto "buy high, sell low" - but thankfully I also bought more, so that I took losses, but was able to buy cheaper bitcoins for more or less the same money (with my own money).

I now have a solid plus and will sell another 10,000 euros worth of Bitcoin at a price of 120,000 euros. This will give me back my original all-in from 2021, namely €20,000, and I will simply hold the "profit", which is then around 0.2 Bitcoin, for the long term. I also have a savings plan of €2 per day.

I will only make the next sale (after the sale at €120,000) if my Bitcoin position has become so large that I could live well from the "safe return" on the capital market, then I will probably liquidate the position completely. But that is still in the stars.

The money from my first sale went into the $XEON (+0,03 %). It will be parked there until I can buy employee shares next spring. $DG (-0,15 %) next spring. The second tranche will be invested in $JEGP (-0,04 %) and $WEBN (+0,62 %) invested.

Thanks for reading, I look forward to answering comments and questions.

To anticipate one question: I know it's a bit contradictory to sell and have a savings plan running at the same time. However, I would like to get my 20,000 euros from back then back in dry cloths, but at the same time expand my position in the long term with the money I have earned myself. I hope this is understandable.

LG Age

Chandra@Chandra

If you're 25 now, why are you called Age65?

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daddyinvestiert@daddyinvestiert

I would also have liked to have received 100k for my 18th 😂

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DADlikesCRYPTO@DADlikesCRYPTO

So I can understand your train of thought regarding the sale and the savings plan.
Personally, I can't quite understand the purchases you want to make with your 20k, but you will follow a plan and I wish you every success with it.

I think it's good that you started investing despite your father's 17'. I also wanted to start with shares around 2012 and had already looked into Bitcoin, but it was all demonized and talked out of it. I then found my way into the stock market many years later. In the end, it certainly helped you to go it alone.

Why are you doing a €2 savings plan every day instead of investing a little more 1-2 times a week, for example?

Otherwise, nice post, I'll definitely try to read the next one. Keep up the good work. 👍

pipo49@pipo49

Exactly the same was my thought today and the reason for selling. I remain convinced in the long term, which is why I still have the majority in BTC. I am also using the now reinvested and secure cash flow for additional purchases.