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Year end reflections 2021
By Rainbow Coin  •  December 21, 2021
It's once again time for my year end reflections. It's exceptionally long for this year. Investment and Trading Mr market has once again sank into lackluster mode since news of the Omicron spread. I think it's still too early to be "buying the dip" as the hurdle that Omicron poses to plans for full economy re-opening remains to be seen. With FED's bond purchase tapering, "hot money" flow will decrease which might deflate a bit of the Mandrake's tent. https://www.rainbowonfi.com/2019/12/4-takeaways-from-fake-by-robert-kiyosaki.html I began to read up and learn crypto stuff seriously this year, started investing on crypto platforms like Gemini, Crypto.com, FTX and Celsius, finally ventured out to the once-elusive Defi world and dipped my toes into tokens other than BTC and ETH. Crypto (stablecoins included) now formed about 20% of my investment portfolio. You can read more on my crypto adventures here. My gut feel is that the crypto market is "crabbing" or "wintering"...
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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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