While spending so much time at home, in my tiny little studio apartment, I am currently developing a somewhat obsession with 3iQ CoinShares Ether ETF (ETHQ). Just to make things even more appealing, Ether is performing quite well these days... I don't know if you remember, but a few months ago, I performed some trading moves on The Ether Fund Class A units (QETH.UN). I was able to make $700. But the way I place the trades, for a quick buy-and-sell move. I love trading crypto funds because it feels like making money out of oxygen only.
Day trading is certainly exciting, but over time, it can become exhausting. What is exhausting is the willingness to time the market. And that is not me.
Currently, The Ether Fund Class A units (QETH.UN) trade at $59.86 per share. 3iQ CoinShares Ether ETF (ETHQ) is appealing because its price per share is only $16.63 per share. With the 3iQ CoinShares Ether ETF (ETHQ), I would like to do what I am currently doing with my investments in Bitcoin Fund The Class A units (QBTC) and Purpose Bitcoin ETF CAD ETF non-currency hedged units (BTCC.B). That being holding and just patiently waiting before being able to sell at profit later on, without having to look closely at the different funds hours after hours on trading days.
Today was a good day for 3iQ CoinShares Ether ETF (ETHQ), who gain 17.943% today, as well as for the TSX. I am now not missing much to be sitting on a $300,000 net worth. And just to make things easier, I am waiting for my paycheck this upcoming Friday. I just need a bit more gains and there you go, baby. On BNN today it just hit me, it's now the month of May, and you know what they say in May? Sell and go away. May is known to be a weaker month for stocks. And the messy period is from May to October, always according to BNN. But now is not the time for the TSX to get messy, not when I am so close to reaching my $300,000 net worth goal.
My non-registered portfolio closed today session on a good $124,232.66, my US portfolio at $4,300.05 US, my TFSA portfolio at $116,401.43, and my RRSP - stocks only - at $57,778.02. I suspect my net worth to be in the $296,858.93.
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2 comments:
Ether is doing very well. I think it has room to grow further. :) Day trading might be possible if I were unemployed, but it's hard to juggle a full time job with trading frequently. Great job with your net worth. How are you going to celebrate once you cross the $300,000 point? 👍
Thank you Liquid :-)
When I hit the $300,000 I would like to spend a day in a Montreal hotel, in one where there's a swimming pool. I miss swimming.
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