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RE: LeoThread 2024-11-26 12:40

in LeoFinance2 months ago

Part 5/8:

Despite being down 63 dollars or 3.3% since the initial investments, the focus remained on long-term potential rather than short-term fluctuations. The practice of 'dollar-cost averaging' allowed the author to buy more shares when prices dipped, diversifying over time and minimizing risk.

In contrast to VOO's performance, investments in Ethereum presented a starkly contrasting roller coaster journey. Initially, ETH was priced high but dramatically fluctuated throughout the year. The author accrued over one whole Ethereum unit, despite a current net loss of approximately 20%. However, similar principles of dollar-cost averaging proved advantageous here too.

A Commitment to Continued Investment