Taking profit after making a 2X and where did I divert the profits to?

I made an investment recently, doubling it in a few months and as I always tend not to sell, I took the opportunity to sell and lock in the profits as it was a bitcoin treasury company that I invested in based on someone I follow on X.

It wasn’t a calculated move as I just felt the momentum and wave of excitement for it was phenomenal hence I knew it was a short trade. It wasn’t easy having to monitor the price and because I wasn’t well researched into the company, when the price dropped, I was quite irritated, in the end, I decided to leave with some profits and keep a small position of it.

Metaplanet

I had a low 5 digit cash on hand and decided to do a short trade on it or just sell some cash secured puts while earning some premiums. It was early May 2025 and I saw on X @vincent13031925 talking about this company called Metaplanet, I dive into research more, finding out that it is a bitcoin treasury company with 1 remaining hotel in Tokyo, Japan.

They used to own hotels worldwide but was hit by Covid and hence the CEO dived into Bitcoin. I liked Metaplanet comparatively to other Bitcoin Treasury companies as firstly, it is based in Japan! Singaporeans loveeeeee anything Japanese because we know that they are more detailed and usually think a lot about risk before making a decision.

A bitcoin treasury company in Asia and especially in Japan where the currency has been dropping means that the population might be seeking an alternative to the Japanese Yen to save as it was corroding year on year. Bitcoin could be the answer. @vincent13031925 also listed out many of the actions of the board and how they can take advantage of the low interest rate in Japan to raise funds as well as issue more shares to raise funds which dilute shareholders but increase bitcoin holdings.

It sounded smart and I knew it was gaining traction especially since they had a listing on the US OTC Markets and the Germany markets. With the traction on X, it seems that everyone was excited, I made my move and bought in my first tranche at 580 yen and added more at 619 yen and finally at 606 yen.

Selling

In June 2025, I decided to sell my position at 1508 JPY leaving just a very small position in case it goes hyperbolic, it was not easy deciding to sell as I do have some inertia in selling as I always think that it will go up more but overall it was a good one for me as I didn’t need to keep looking at the price and it was intended to be a short trade.

With the profits, I increased my position in QQQ and Bitcoin. Overall from June till now, it was a good diversification of my profits as Bitcoin has seen substantial growth this 2 weeks. It has also propelled my portfolio value.

But I definitely am not into short term trading. The metaplanet thesis still stays and they are accumulating bitcoin at a rapid pace, the CEO looks up to Michael Saylor and so they want to be like Strategy but in Asia. I am still holding a small portion but in the meantime just enjoying seeing the green in the market!

Q1 2025 Portfolio Review | Back below $200,000 and on the downtrend

The portfolio has dropped significantly in Q1 2025 compared to 2024 all time high from the Trump effect. In 2025, every time Trump appears, it seems to make the market dump as 2025 seem to be all about tariffs and how to screw the world up.

It’s been tough looking at the portfolio and seeing it drop in value as Tesla and Bitcoin both hold a significant position in my portfolio and so the fall has been ouch.

Stocks

The stock holdings in my portfolio has been falling as Tesla gets hit by auto tariffs and deliver lower numbers of cars for Q1. There has been wave of unhappiness towards Elon which is being directed to Tesla car owners.

With that, we have seen individuals scratching and damaging Tesla cars and it will have some impact on the sale of Tesla. I think the brand of Tesla do seem affected and Q1 deliveries number isn’t looking good. Almost all bets are now on FSD and Optimus so if nothing happens by June or by this year, we will need to assess.

Adding CSPX as per monthly addition, other than that, nothing much.

Crypto

Just holding onto existing positions, Bitcoin has retraced quite a bit from it’s highs but is holding up pretty well in the face of tariffs. Ethereum has been performing horribly, basically not looking at this portfolio as I think there have been better times and hopefully better times ahead too.

REITs

This portfolio has been holding up not bad, adding monthly contributions to it, not huge and could have earned more if placed elsewhere but looking at the drop in the US stock market, glad to have this around.

I will continue to add here and hold on till retirement? haha, I think it does seem more like capital preservation kinda investment and dividends is the added bonus. Does seem nice to have something not drop as drastically compared to the US stock market.

Options

Not doing much on this end as volatility is real high but I did do a few covered calls the past week to earn some small change but with this volatility, I will see how, not an everyday kinda thing.

Holding on tight

It is difficult to feel secure or think that the market will be able to recover back to it’s high but we all know that this will be over except we don’t know when. It might drop further and it can get scary when looking at your portfolio every time you open the app.

I try not to check my portfolio often and don’t think so much about it. I have already automated my buys so it will continue but I will add some buy actions to take advantage of this downturn. Will be getting in by batches.

I have heard so many people around mentioning that they should have sold it last year when the market was at an all-time high but to be honest, heck, we though 2025 will be a bull market with Trump mentioning that he thinks the interest rate should be cut but look where we are. Well, we can be grateful that all we have to think is how much money we have lost and not whether will we be able to have our next meal. Grateful for that and all in all, great buying opportunity although we don’t think how low is low and how long this will last.