I am just looking into my stock portfolio, and it looks red and almost down close to 8% if compared my invested value versus the current value. Not bad if I check my crypto holdings that keep dipping every day now. With Bitcoin below $70K USD and Hive below 7 cents is another red story in the crypto market. Since , I am stacking Hive and my crypto income is also majorly Hive as curation and Author income, so it directly translates to the decreasing my portfolio value in crypto and my income too.
With everything going down, so obviously I am not enjoying this stretch of period, but the question arises is I am panic-stricken. Is this market giving me anxiety? To be honest , no one will be happy to see the loses and to find that it investment value start going down, so it is not the exception for me.
Also, when it is advised that you have to put your money or invest in schemes and tools that are capable of providing higher returns to safeguard against inflation is actually going negative and performing worst than the "Fixed Deposits" that at least preserve your capital.
But still, with all these downturns, I am not feeling restless or panick stricken and I guess below are my key reasons for the same.
Actually, I built my portfolio by investing every month and that is perfectly spare money for it. Though currently, I have put some money for short term gains, but still this money is lying "idle" in my account and I supposed to spend this in Home decors and furniture buying. Even if this money is not able to generate return, I am still fine as I did not borrowed the money and nor this money is reserved for basic necessities or some "neccesary" expenses like EMI or loans as I have already sorted them before moving money.
Whatever I purchased, I have done my due diligence. So I am confident of my stock picks and I am sure whenever market resume for good times, they all of them are also supposed to boom.
You can never find the "exact" low or high , so if you get keep invested for a good long time, market generally gives you probably the returns , even it become negative initially.
One good thing that I have done that I have booked some small "profits" regularly in the market. So my real loss is not "exactly" that big that is getting reflected in my portfolio dashboard.
So, just wondering , how you are taking this market downtrends or what strategy do you follow so that you do not have any stress or anxiety in market downtruns.
