1
Cryptocurrency discussions / Re: How much % of your assets are allocated to crypto?
« on: May 06, 2024, 08:12:39 PM »A few years back, I used to have around 70 percent of my assets in crypto. I made some investment in various crypto related things and lost about 30 percent. Right now I have around 30 percent of my assets in crypto.
One should not use such a large amount for investment or trading because these both fields are very risky and 70 percent is such a huge amount which should be reduced to some extent. People think that their greater percentage will give them greater rewards but this fact also has some disadvantages due to which we have to use a minimum amount.
20 and 30 percent is okay but I think we should not increase this amount above 50 percent because the risk also increases as we are increasing our amount so be careful in every step of life.