Source

I am a huge believer in diversifying Portfolios so I keep a lot of stuff in my Overall Portfolio to hedge my losses once Bear Market Hits one side or the other. One of that Investment categories is Mutual Funds and I have been investing in them for 1 year. I was going to say 1.5 years but I double-checked and I am surprised to see that it has only been a year since I started my Investment Journey into Mutual Funds.

So why all of a sudden I started to diversify?

It is very awkward to admit the fact that until 1 year ago every amount of my Portfolio was devoted only to Cryptocurrencies. Yes I did diversify my Crypto Portfolio very much and that has been great for me but I haven't really diversified without exploring all the avenues. In the wide spectrum, I was still keeping all my eggs in one basket. The basket in this case being the Crypto Basket.

So once I got my first Job I immediately started dabbling into other forms of Investments and I did a lot of research so that I don't end up losing all my money. So yeah that is the start of my Journey on the Mutual Fund Track and as for my investments, I invest around 8000 INR per month which is like 150 USD per month on Mutual Funds. This way I can dollar cost average my buying and don't feel sorry about buying at a high price. BTW the process is entirely automated so I need to do nothing at all.