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Showing posts from May, 2021

Cryptocurrency boom

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A few years back, I didn't believe in cryptocurrency. it was like a fad - and like any other fad, it will soon fade and die. A few friends have been encouraging me to get into it but I wont. The old man in me believed it was the stable stocks and bonds that will make great investments. I started trading stocks in 2017. The dividends, are small - a few hundred pesos each year but  the price of those stocks keep on dropping. Philippine stocks were at their highest when I started. By March 2020, some of my stock investments are at their lowest. The price of Bitcoin (BTC) Ethereum (ETH) and even Dogecoin (DOGE) have been going up this 2020 and 2021 but its a rollercoaster ride. Last Friday (May 7, 2021) The price of DOGE went up from 0.58 to as high as 0.73 I NEED TO BUY CRYPTO. I added funds then waited for the "right time" That "right time" for me came on 10th of May. I bought DOGE for 0.4995 It was a BIG MISTAKE. It went down to as low as 0.350 in the next few da