Journey To Retirement Part 22.1 — CryptoCurrency

Journey To Retirement Part 22.1 — CryptoCurrency

The CryptoCurrency section was added to the Investment Portfolio in 2022 and this is the first time a profit was taken. The price of one of the token which have started to accumulate since 2018 has appreciated from then less than USD $0.50 to as of now USD $2.49. In fact, the price has dipped to an all time low in 2023 of USD $0.04655 to an all time high of USD $2.98 in January 2024. It is pretty obvious, some profit must be taken given the volatility of cryptocurrency. As such, 16.37% of that token has been divested in February 2024 and that net in a profit of 2.38% of the capital of the Income section of the Investment Portfolio. Since there isn’t any capital injected into the CryptoCurrency section, the capital injected for the Income section is used as a reference for the performance. This divestment resulted in the Total Realized of the Investment increased from +17.20% to +18.76%. One thing good about investing in cryptocurrency for…

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