If the truth be told, the current decline in my portfolio is largely (only) dependent on SEK strengthening against the USD. Most of the time the exchange rate is in my favor, but every now and then it goes against me. Given that 99% of our holdings are on the Nasdaq, a drop in the dollar hits pretty much the entire holding.
The result is as if each share decreases in value on the same day. Should the American dollar fall a lot in relation to Swedish krona, I will invest in dollars. It should be safer than my cryptocurrencies investments…
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