I received burned by shopping for tech shares like Shopify and Rivian late final yr. Over the previous few month, I've been DCAing into index funds to convey my price down, and promoting dangerous shares as they drop. I additionally made a couple of worthwhile trades like shopping for TSLA when it was 770 and promoting at 1000 final week earlier than it dropped once more.
I'm nonetheless younger, and apart from cash on Robinhood I nonetheless received about $100k in money (lately purchased $10k price of I-bond)
It's been dangerous for my psychological well being all of the reds lately. Per the recommendation of a earlier publish, I've consolidated my holdings by promoting some shares that I solely personal a couple of shares of it.
Please see the screenshots of my present portfolio and inform me if there’s any that you simply'd promote. My possibility now could be to both promote the whole lot and take the $8k loss, and purchase again later if there’s a big plummet over the summer time. However I really feel among the main shares I nonetheless have (like UPST and PTLO) has already reached their backside. I additionally really feel QQQ has taken "sufficient" of successful already.
An alternative choice is to do nothing, and never watch my account for the remainder of the yr. I really feel what I’ve now are comparatively "protected" in that they both have bottomed or aren't that unstable, and shouldn't trigger huge injury if I cease watching them.
submitted by /u/cryptokid2002