8 March 2021
The stock market crash of 2021 continues...I sold ALL my stocks
Space play/pause · J/L seek 10s · [ ] previous/next
Summary
After four weeks, he reports 40% portfolio losses, selling roughly £38,000 invested down to about £23,000; every account is £2,900 down. He sold BNGO, MicroVision, and NIO at 35–40% losses, moving remaining funds into bank and oil stocks; banks are up about 4%. He blames concentration in hype stocks, rejects endless dip-buying and diamond hands, but will keep investing and later redeploy profits.
Insight
A speculative, concentration-heavy strategy reverses into sector rotation, caution, and recognition of limited financial knowledge.