Last year, when many tech and AI stocks were at their peak, I bought some certificates with very low leverage. Unfortunately, there was a sharp slump the very next day and since then there has hardly been any significant recovery.
I think it was at the beginning of October, on Getquin the purchase is unfortunately shown as December because I had deleted the positions manually and they reappeared through the automatic portfolio update. 🤪
In the meantime, I have been able to sell some of the certificates at a profit and others at a loss. One of them, the Coinbase warrant, even expired worthless ⚰️
Greetings to @Techaktien go out 🙋🏼♀️
There are currently three warrants in my portfolio, namely on:
I now see the following options:
A - Realize the losses and shift into the ETF or Bitcoin, for example.
This would lead to mental relief, no more time decay and the capital could work linearly again. On the other hand, this is reverse FOMO because I don't have a better target at the moment, and selling after a long dry spell is statistically often a mistake. 🤓
B - Continue to wait and see.
I currently have no other investment on my radar where I hope to achieve a higher return in a shorter period of time. Accordingly, I don't see any real opportunity costs at the moment. The risk is simply that I could be right for months and still lose while Theta continues to eat away. 🦉
C - very risky. I call it "leveraging out". There are probably technical terms for this...
If I see a good time for Uber, for example, I buy the warrant in such large quantities that even a moderate increase is enough to bring the overall position into positive territory. I've already done this once 😆
A small movement here would turn everything around and I would feel like I was back in control. On the other hand, the cluster risk and total loss risk increases exponentially.
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Then there is the Meta Planet position $3350 (-4,57 %)
Here, too, things went downhill for months, but I held on patiently because I had no better investment in sight.
A few days/weeks ago I was virtually at break even, maybe €30 was missing. I thought to myself: what rises so quickly will continue to rise and didn't sell. Now I'm well under water again. 😅
Perhaps the share will be significantly higher again in a few weeks/days. But in hindsight, a partial sale would have been wise, even if the remaining position might have been too small.
I just don't want to be like the people who held Novo Nordisk at a loss for two years only to sell at zero. In my opinion, that's a mistake. Sorry 🫶
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Now Trump is said to have positioned a new puppet in the FED, if this leads to interest rate cuts and crypto-friendly policies, my warrants and Meta Planet would also recover relatively quickly. In this scenario, continuing to hold would probably not be a stupid decision.
But what if Kevin Warsh wants to prove to everyone that he is not a puppet and is acting tough on data, even against Trump?
This is certainly a possibility. In this case, it would probably make more sense to realize the losses now and reallocate the capital to more promising assets.
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My portfolio now has a long-term focus 👵🏻
This is how it currently looks https://getqu.in/zW6aBz/
(of course it would look better if the 3 warrants and Metaplanet were no longer in it)
👇 👈 And here is the financial zero portfolio concerned
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👇-----------Looking forward to your opinions and the 👇exchange.
👇-----------Have a nice Sunday 🌸
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Addendum: the numbers are displayed incorrectly. Here is the reality: https://ibb.co/G3Gnj4Qd
