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Reply to "I’m 10% BTC and 90% S&P 500"
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[quote=Anonymous][quote=Anonymous]If your bitcoin has gone up 5x, and you have only about 1mm in assets, you are too overweight crypto at 10% IMO. De-risk by selling some, you can’t diamond hand it until you’re in a stronger financial position. [/quote] this was very bad advice on 7/9. BTC is up 24% since then. cash isn’t up that much. S&P is up 6% since then, which by itself is great, but not 24% great. I bet OPs allocation is now more like 12% weighted in crypto. [/quote]
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