Hey friends, was curious if you think this is a good idea or a bad idea? Would love to hear your thoughts or suggestions or if you do something similar. I’m 27 so I figured I can withstand the risk of the crypto asset class. I’d love to DCA more but my income is strictly commission based so it’s hard to buy more in this tight economy currently. I’m planning on crypto being my ticket in the future aka get rich or die trying lol.
Here’s the breakdown. 70% in crypto. 52% Btc, 35% Eth, 10% Link, 3% other alts.
15% in liquid cash for mortgage and bills etc.
15% in stocks. IVV, ING, GBTC
Got in November 2017 bullrun n got wrecked. Learned from my lesson to just hodl. I wish I took profits this past bullrun n rebought but I didn’t. Do you guys plan on taking profits n rebuying this next bull run or just hodl n forget about it? I’m so torn between the decision lol. I could’ve done well in past bull run if I just took profits and rebought but I got greedy n held watching those 4x portfolio gains disappear. Basically sitting slightly in green at the moment. What’s a good strategy to implement for next bull run? Any thoughts would be appreciated!
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