Wanna know what sucks?

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I got a new position with my company about 18 months ago making waaay more than my old position. Enough to actually invest some money instead of living paycheck to paycheck. told myself “I’m going to invest hard!” And I did.. 30% of every check starting about 14 months ago.

This is where I stand today after 1 year:

Robinhood account: HOOD -72% Average down when I can SDIG -91% Average down when I can BTC -40% $20 per week contribution for 12 months DODGE -81% $20 per week contribution for 12 months ETH -44% $20 per week contribution for 12 months LTC -78%. $20 per week contribution for 12 months

TD AMERITRADE IRA ACCOUNT: Jan 3rd 2022 had $13,220 After contributing $100 per week all year May 13th 2022 had $12,900

TD AMERITRADE STOCK ACCOUNT: Jan 3rd 2022 had $5,385 After contributing $50 per week and trying to average down all year May 13th 2022 had $4,052

401k through work: Contribute 5% of paycheck to traditional 401k and 5% to ROTH 401k As of May 10th: $12,700 total for both accounts Down 26% YTD

I don’t know how to win I guess.. My timing was bad. I don’t know. my goal is to just buy and hold everything for 17 more years but those numbers suck. They suck more every day. It’s pretty disheartening. 1st year investing a large amount and I’m down over 50%..

thats what sucks…now you know. I hope my situation isn’t your situation

submitted by /u/Certain_Economist548
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