If you weathered the storm for a few years, the trend is buy the dips, hodl till moon. Seens like everyones either bullish or bearish. If bitcoin hypothetically reaches $20k this year, would you go all-in with your savings? So many people talk bitcoin up but still dont go all in. What % of your net worth can everyone tolerate risking? 100% is all in. Currently im about 25%. Shoulda put more 4 months ago at $3600. Woulda 3-4x. Typical financial advisor speech is no more than 10%. Has anyone gone 100% all in and risked it lately?
It’s easy to do past analysis but It’s impossible to predict what’s going to do good in future. Specially with how you’re saying things make me feel that you’ve almost zero experience in investment.
Well and crypto doesn’t follow any rules. That’s why I’m asking what people’s personal risk level would be. Of course get rich slow and put a tiny amount in crypto or anything extra into SP500. But we all daydream about get rich quick and retire haha. Other option is all-in one hand in Vegas lmao
Lol
I put 25% of savings into crypto at a bad time. Its all gone, worth $0 now. My mistake was risking it into new cryptos.
Ignore the hates, put 10% of your networth in BTC only and ride it to 100k. Thanks me later
Bitcoin is a store of value, I use it in place of a savings account. I made this transition when it was ~3k, so position is relatively lo risk considering the cycles of bitcoin. When the price spikes closer to the halving I will likely cash out a majority for a short time and wait for the following low.
Buy tulips
trust this hedge fund guy