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Crypto Updates – Down the rabbit hole
By SingularityTruth  •  July 7, 2021
I probably got burnt in my crypto speculation as my holdings are down around 30% at the moment. When the crypto prices came down from the peak, I though it would be a good time to start entering, but I did not expect it to be a drop of 50% kind of crash. I have already split my capital into multiple tranches and average down during the crash but it was not enough to buy all the way down. As the prices remain low and did not rebound much, I am still holding to quite a large unrealized loss. When I started to speculate into crypto, I was prepared to lose all the money and I set a cap to my capital that I will be putting in. As I have already max out my capital for crypto and do not want to inject anymore money, I decided to go all in by borrowing more capital from DeFi....
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By SingularityTruth
A blog to share and track the progress of building my investment portfolio. "Picking stock is tactical; Structuring portfolio is strategic"
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