Greetings to the cryptoanarchists! Some thoughts about bitcoin. And more precisely - how many bitcoin do you have now. Although it is better to ask this question to yourself. What percentage of your cryptocurrency portfolio is occupied by bitcoin?
I heard that all those who adhere to the conservative strategy - those keep from 50% in bitcoin. This strategy worked very well by the way, when bitcoin flew to 20 thousand. Who would have thought yes?
Those who adhere to the average risk strategy usually keep around 20-30% in bitcoin. High-risk investors and traders keep less than 10-5% in bitcoin.
What is the risk about? The thought that I want to convey is the following - always keep free bitcoins at hand . Quite a simple idea and for all it is understandable, but a few of people apply it. Greed always plays here. It is the one who makes people buy for the whole money and then does not know what to do next when the market goes down. Well, rather people allow greed to do this, but now it's not about that.
I have more than 10% of bitcoin now and I do not consider it correct at all. I try to rebalance the portfolio in such a way as to reach at least 20% in all available ways. Why? Due to the presence of free bitcoin, I have freedom of action. I can buy, average, diversify. When I do not have it or when it is very small, I seem to be in a cage. I just sit and wait my turn. There is no control of the situation. For myself, I decided that I would not allow more of this, and now I'm studying how to do the right balance of the portfolio in order to be ready at the right moment to do it. And I advise you - while the market is in correction, to study additional tools.
I'll sum it up this way - it's better to earn a little less, but to earn to a distance than to earn one time, and then sit and wait for the next time.