/crypto
ERIC485
·
a year ago
What percentage of your overall net worth should be in Crypto?
Take Bitcoin for example it is expected to reach high prices and some predict it could even go up to $1 million per Bitcoin. However, no one can accurately predict where prices will go and it is possible that Bitcoin could go in the opposite direction. Thesame goes for all other coins.
My Personal Strategy
I personally take much more risk and have a more significant portion of my net worth in crypto than I would recommend to other people. At least 60%-70%. The way that I reason this is that I’m still relatively young. I do have full conviction in Bitcoin, but if it doesn’t turn out I would have time to recover from this. I advise investing an amount that you feel very comfortable with.
There is actually no correct answer to this question, and it largely varies for each person's unique situation. Source
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