I got burnt badly in the big crypto crash back in 2022. While I had continued to maintain my positions in BTC and ETH then, the terrible experience made me hesitate to enter into new positions in 2022 and 2023. Which led me to miss out on the cryptos recovery in 2024 and 2025. It’s difficult to force yourself to invest when you are in pain from losses. Something just blocks you from doing what you know you should be doing – invest more during bear markets. It sounds so logical with the benefit of hindsight but so very tough to execute when you are in the trenches getting pounded by negativity.
Now that I have more experience with investing and my mind is less clouded by negative thoughts, I have set up more automated investment plans. They served me well during the bear markets of 2022 and 2023 for SG and US ETFs. Even though it was a bad time, I did not cancel those automated investment plans on equities despite taking so much losses on existing positions. To be honest, it was not because of foresight but due to inaction. I just froze and didn’t do anything. Same reason why I didn’t set up any automated investment plans for cryptos during that period of time.
This is exactly why it’s important to have your investing set up ready when your mind is clear. Because when it goes to shit after you make big mistakes, the investing structure you have in place ensures you remain vested. You are not going to have the headspace to do logical things. It explains why I set up more automated investment plans on Tiger Brokers SG for US equities and ETFs. I have yet to elaborate on which ones and the amounts. But starting small first because we are in a bull market now and it makes no sense to be opening big new equities positions now.
On the Crypto.com mobile app, after clicking on the top left hand icon, there is an option for setting up a recurring buy. I have set up the following recurring buys:
- Daily – ETH: $25
- Weekly – BTC: $25
- Weekly – SOL: $25
When eligible due to minimum allocation requirements, I put them into Crypto Earn (either 1 or 3 month) for reward earnings. Due to PTSD from what happened to Hodlnaut (went into liquidation!), I no longer have as much trust with crypto platforms (hot wallets). So after a few months, I will move the cryptos out from Crypto.com to my Trezor Safe 3 (cold wallet).
Automated investment plans give you a base level of increasing equities and cryptos positions. I can always adjust the amounts I’m auto-investing depending on market conditions. Invest less during bear markets and invest more during bull markets. Again, easy to say but difficult to execute when you are in it. Too much interference from me and I know I’m going to do something stupid with it eventually. Best to just set and forget (with minimal ongoing adjustments) as long as I evaluate the platform risk of going under to be manageable. Something critical that I didn’t do with Hodlnaut.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research or consult a licensed financial advisor before investing.