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Old 01-04-2021, 11:07 AM  
csnmf
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Join Date: Nov 2020
Posts: 54
Quote:
Originally Posted by Alex CZ View Post
Thats a thing, where is the peak ? Lets say you have 1 million right now and its a nice chunk of cash you can put in low risk funds and make good living. But if it doubles in 6 month, you will feel like shit knowing that you lost another million. Especially if you bought your bitcoins when they were below 5K. Its almost like you better off not having any, that way you don't have to worry about selling it too early or missing the crash and not selling at all.
it shouldn't be all or nothing. You shouldnt be 100% in bitcoin or 100% in stocks, both of those scenarios are stupid. How you weight your portfolio is going to depend on your age, risk appetite, income outside of investments etc I would say if you took some profits, selling a small portion of your bitcoin here you can't go wrong.
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