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Author Topic: How much % of your assets are allocated to crypto?  (Read 45911 times)

Offline MrSpasybo

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Re: How much % of your assets are allocated to crypto?
« Reply #570 on: December 29, 2024, 08:28:28 PM »
After marriage, we have many unpredictable needed or spend much money than before marriage, I think most important how to manage well money management when trading and have single position make its easily for allocating much assets in cryptocurrency than saving in the bank.
Although have much profitable earn later by investing in cryptocurrency but after marriage we got financial difficulty and not easy for spending much assets in cryptocurrency than our saving money for daily needed.
Yeah, getting married is a significant milestone in everyone life. A new family will need a lot of money to be ready for big plans like having more children, buying a car, or buying a house. At this point, our risk tolerance will decrease, and we will prioritize the safety of family finances.

However, some of my friends have risked spending all their wedding money to invest in the crypto market. The craziest thing is that they made a profit after successfully buying the dip during the 2018-2019 winter. I congratulate them but do not advise others to do the same. We should protect our families from financial risks!
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Re: How much % of your assets are allocated to crypto?
« Reply #570 on: December 29, 2024, 08:28:28 PM »

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Offline dekafee79

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Re: How much % of your assets are allocated to crypto?
« Reply #571 on: December 29, 2024, 10:20:34 PM »
After marriage, we have many unpredictable needed or spend much money than before marriage, I think most important how to manage well money management when trading and have single position make its easily for allocating much assets in cryptocurrency than saving in the bank.
Although have much profitable earn later by investing in cryptocurrency but after marriage we got financial difficulty and not easy for spending much assets in cryptocurrency than our saving money for daily needed.
Yeah, getting married is a significant milestone in everyone life. A new family will need a lot of money to be ready for big plans like having more children, buying a car, or buying a house. At this point, our risk tolerance will decrease, and we will prioritize the safety of family finances.

However, some of my friends have risked spending all their wedding money to invest in the crypto market. The craziest thing is that they made a profit after successfully buying the dip during the 2018-2019 winter. I congratulate them but do not advise others to do the same. We should protect our families from financial risks!
I still make family a priority and don't do something crazy by risking my family's finances to invest in crypto entirely because my family needs money to live. And that's a very brave step to take a risk, hearing your story, if they succeed they deserve congratulations but if they fail there will be problems with our family, we will lose our family and our money because it triggers a fight with our family.

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Re: How much % of your assets are allocated to crypto?
« Reply #571 on: December 29, 2024, 10:20:34 PM »

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Offline enwi

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Re: How much % of your assets are allocated to crypto?
« Reply #572 on: December 30, 2024, 02:41:58 PM »
I still make family a priority and don't do something crazy by risking my family's finances to invest in crypto entirely because my family needs money to live. And that's a very brave step to take a risk, hearing your story, if they succeed they deserve congratulations but if they fail there will be problems with our family, we will lose our family and our money because it triggers a fight with our family.
It is rightful to put your family first and I think people who practice such decisiveness are wise beyond their knowledge. But, eliminating yourself from various investment can also be deemed constraining to accumulating a more stable finance for them. We can think of a more moderate scene of a partial spendthrift and spend a small part of income which is not vital for a family to meet proper investment that can positively impact a family. This lets us stay financially protected and wait for the better chance to find a way to get a better life for our family in the future. Thus, saying We want to keep on learning, and we want to be careful, it is possible to develop ideas that secure families together with their stability together with the new opportunities that they might never have before.

Offline yohananaomi

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Re: How much % of your assets are allocated to crypto?
« Reply #573 on: December 31, 2024, 01:44:00 AM »
After marriage, we have many unpredictable needed or spend much money than before marriage, I think most important how to manage well money management when trading and have single position make its easily for allocating much assets in cryptocurrency than saving in the bank.
Although have much profitable earn later by investing in cryptocurrency but after marriage we got financial difficulty and not easy for spending much assets in cryptocurrency than our saving money for daily needed.
Yeah, getting married is a significant milestone in everyone life. A new family will need a lot of money to be ready for big plans like having more children, buying a car, or buying a house. At this point, our risk tolerance will decrease, and we will prioritize the safety of family finances.

However, some of my friends have risked spending all their wedding money to invest in the crypto market. The craziest thing is that they made a profit after successfully buying the dip during the 2018-2019 winter. I congratulate them but do not advise others to do the same. We should protect our families from financial risks!
I still make family a priority and don't do something crazy by risking my family's finances to invest in crypto entirely because my family needs money to live. And that's a very brave step to take a risk, hearing your story, if they succeed they deserve congratulations but if they fail there will be problems with our family, we will lose our family and our money because it triggers a fight with our family.
What you did is the wisest action taken by the head of household, that the priority of the family is the main thing, not to be sacrificed for something, investing in crypto, if there are indeed no more funds and can be used and must sacrifice family needs. Of course, it is not wise to do that.
But it is true that there are also those who dare to use policies that will actually trigger fights in the household if what is done does not work. If it works, of course, it doesn't matter.

Offline enwi

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Re: How much % of your assets are allocated to crypto?
« Reply #574 on: January 01, 2025, 09:46:56 AM »
After marriage, we have many unpredictable needed or spend much money than before marriage, I think most important how to manage well money management when trading and have single position make its easily for allocating much assets in cryptocurrency than saving in the bank.
Although have much profitable earn later by investing in cryptocurrency but after marriage we got financial difficulty and not easy for spending much assets in cryptocurrency than our saving money for daily needed.
Yeah, getting married is a significant milestone in everyone life. A new family will need a lot of money to be ready for big plans like having more children, buying a car, or buying a house. At this point, our risk tolerance will decrease, and we will prioritize the safety of family finances.

However, some of my friends have risked spending all their wedding money to invest in the crypto market. The craziest thing is that they made a profit after successfully buying the dip during the 2018-2019 winter. I congratulate them but do not advise others to do the same. We should protect our families from financial risks!
I still make family a priority and don't do something crazy by risking my family's finances to invest in crypto entirely because my family needs money to live. And that's a very brave step to take a risk, hearing your story, if they succeed they deserve congratulations but if they fail there will be problems with our family, we will lose our family and our money because it triggers a fight with our family.
What you did is the wisest action taken by the head of household, that the priority of the family is the main thing, not to be sacrificed for something, investing in crypto, if there are indeed no more funds and can be used and must sacrifice family needs. Of course, it is not wise to do that.
But it is true that there are also those who dare to use policies that will actually trigger fights in the household if what is done does not work. If it works, of course, it doesn't matter.
It is necessary to be careful in family financial affairs in order that each step would be useful for all. When approaching any investment that can be made including the cryptocurrencies one is supposed to satisfy the basic requirements of the family. We need to have the capability to differentiate between the funds invested in crypto and the needs of the family. In every decision, the most important ingredient is honesty with your partner, so that any decision which is made is done in consultation. Engaging the family in this process can also be a way of developing togetherness, as a family. In any case, the point is to keep communication and trust the basic asset of the family as the main coping resource in the future. In this kind of planning, therefore, we shall know all the dangers that are inherent.

Offline MrSpasybo

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Re: How much % of your assets are allocated to crypto?
« Reply #575 on: January 02, 2025, 05:17:23 PM »
It is necessary to be careful in family financial affairs in order that each step would be useful for all. When approaching any investment that can be made including the cryptocurrencies one is supposed to satisfy the basic requirements of the family. We need to have the capability to differentiate between the funds invested in crypto and the needs of the family. In every decision, the most important ingredient is honesty with your partner, so that any decision which is made is done in consultation. Engaging the family in this process can also be a way of developing togetherness, as a family. In any case, the point is to keep communication and trust the basic asset of the family as the main coping resource in the future. In this kind of planning, therefore, we shall know all the dangers that are inherent.
We have a common piece of advice in the crypto market: invest in the crypto market with money that you are willing to lose. Using savings or borrowing money to buy crypto is unwise even if the investor only buys BTC and ETH. The high volatility of the crypto market can cause investors to suffer temporary losses and be unable to continue holding to new ATH!

I hope that investors can understand the basic principles before participating and accepting the risk with crypto. Without a wise capital management strategy, investors will easily become blind and unable to control their psychology in the face of market fluctuations, and what awaits them will always be losses!
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Offline Hisbullah

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Re: How much % of your assets are allocated to crypto?
« Reply #576 on: January 02, 2025, 08:32:25 PM »

What you did is the wisest action taken by the head of household, that the priority of the family is the main thing, not to be sacrificed for something, investing in crypto, if there are indeed no more funds and can be used and must sacrifice family needs. Of course, it is not wise to do that.
But it is true that there are also those who dare to use policies that will actually trigger fights in the household if what is done does not work. If it works, of course, it doesn't matter.
A dilemma that we might experience when investing in crypto and seeing the opportunity for a coin that we observe to increase, but the capital we have is the quota for living expenses for the next month. I would also prefer to reduce the intention of investing if that happens, because family comes first. as you said, if I do it will trigger a fight in the family.
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Re: How much % of your assets are allocated to crypto?
« Reply #576 on: January 02, 2025, 08:32:25 PM »


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Re: How much % of your assets are allocated to crypto?
« Reply #577 on: January 04, 2025, 06:22:29 PM »
A dilemma that we might experience when investing in crypto and seeing the opportunity for a coin that we observe to increase, but the capital we have is the quota for living expenses for the next month. I would also prefer to reduce the intention of investing if that happens, because family comes first. as you said, if I do it will trigger a fight in the family.
Well, I think we should decide from the beginning the maximum amount of money that can be used for investing in crypto. Then we just need to comply and not be allowed to create the first exception, this will help us manage our psychology better, and at the same time avoid troubles from family.

I also regret having always kept a certain amount of savings in the form of $ without using them to buy BTC when BTC price was below $25K. I myself advised others to buy BTC at $25K, meaning I was sure BTC price would increase, but the risk management principle did not allow me to risk my safe money ^^
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Re: How much % of your assets are allocated to crypto?
« Reply #578 on: January 04, 2025, 10:59:45 PM »
A dilemma that we might experience when investing in crypto and seeing the opportunity for a coin that we observe to increase, but the capital we have is the quota for living expenses for the next month. I would also prefer to reduce the intention of investing if that happens, because family comes first. as you said, if I do it will trigger a fight in the family.
Well, I think we should decide from the beginning the maximum amount of money that can be used for investing in crypto. Then we just need to comply and not be allowed to create the first exception, this will help us manage our psychology better, and at the same time avoid troubles from family.

I also regret having always kept a certain amount of savings in the form of $ without using them to buy BTC when BTC price was below $25K. I myself advised others to buy BTC at $25K, meaning I was sure BTC price would increase, but the risk management principle did not allow me to risk my safe money ^^
The hesitation at that time was natural, because I also did not buy much bitcoin when the price was still $ 25K, even though we were sure that the price of bitcoin would rise high at that time. Maybe the lack of courage and good risk management from me made me hesitate to make a decision at that time. Maybe it could be said that it was fear.

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Re: How much % of your assets are allocated to crypto?
« Reply #579 on: January 06, 2025, 04:18:18 PM »
The hesitation at that time was natural, because I also did not buy much bitcoin when the price was still $ 25K, even though we were sure that the price of bitcoin would rise high at that time. Maybe the lack of courage and good risk management from me made me hesitate to make a decision at that time. Maybe it could be said that it was fear.
Perhaps at that time, many people in the market were still worried that BTC price could drop to $15K or worse, $13K. Investors often have extreme emotions, either too greedy or too fearful.

Currently, we also don't dare to go all-in on BTC for fear that BTC could reverse and decline at any time, although BTC price may rise strongly in the coming month to reach $250K or even $1M by the end of this year. The crypto market teaches us how to compromise with risk, respect safety, and accept missing opportunities ^^
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Re: How much % of your assets are allocated to crypto?
« Reply #580 on: January 07, 2025, 03:56:41 AM »
A dilemma that we might experience when investing in crypto and seeing the opportunity for a coin that we observe to increase, but the capital we have is the quota for living expenses for the next month. I would also prefer to reduce the intention of investing if that happens, because family comes first. as you said, if I do it will trigger a fight in the family.
Well, I think we should decide from the beginning the maximum amount of money that can be used for investing in crypto. Then we just need to comply and not be allowed to create the first exception, this will help us manage our psychology better, and at the same time avoid troubles from family.

I also regret having always kept a certain amount of savings in the form of $ without using them to buy BTC when BTC price was below $25K. I myself advised others to buy BTC at $25K, meaning I was sure BTC price would increase, but the risk management principle did not allow me to risk my safe money ^^
The hesitation at that time was natural, because I also did not buy much bitcoin when the price was still $ 25K, even though we were sure that the price of bitcoin would rise high at that time. Maybe the lack of courage and good risk management from me made me hesitate to make a decision at that time. Maybe it could be said that it was fear.
With a price that was also quite high and at that time there was still doubt about whether bitcoin would be able to continue to increase compared to now. That trust was already very high. So I think everyone will experience a dilemma with a high price and fear that the possibility of a correction could occur and the loss of funds could will experienced at that time. But over time, trust in bitcoin has started to increase and more and more people believe that this is a long-term investment.

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Re: How much % of your assets are allocated to crypto?
« Reply #581 on: January 08, 2025, 02:57:48 PM »
The hesitation at that time was natural, because I also did not buy much bitcoin when the price was still $ 25K, even though we were sure that the price of bitcoin would rise high at that time. Maybe the lack of courage and good risk management from me made me hesitate to make a decision at that time. Maybe it could be said that it was fear.
Some people will wait to buy at the price they want, for example when the price is still 15k at that time, then it goes up to 20k. People wait and hope the price will go back down and then they will enter, but it turns out the price is getting higher.

It keeps repeating, when the price reaches 25k people wait for the correction to 20k, and so on. Basically, you have to have courage and good management so that you can be safe even though you have to wait longer.

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Re: How much % of your assets are allocated to crypto?
« Reply #582 on: January 08, 2025, 04:42:32 PM »
With a price that was also quite high and at that time there was still doubt about whether bitcoin would be able to continue to increase compared to now. That trust was already very high. So I think everyone will experience a dilemma with a high price and fear that the possibility of a correction could occur and the loss of funds could will experienced at that time. But over time, trust in bitcoin has started to increase and more and more people believe that this is a long-term investment.
At any given time, we experience both greed and fear in the market, which is why there are always buyers and sellers maintaining liquidity. Explaining investor psychology would require a massive effort, so we should focus on their actions at the time: many people bought and they profited, while those who sold missed out on their opportunity.

I believe a good capital management strategy will ensure effective psychological management in the face of market fluctuations. If investors are determined to hold BTC long-term, they won't have to worry about the small fluctuations that occur in the market. DCA is also a good accumulation method that we can apply to not miss out on opportunities while better managing our emotions.
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Re: How much % of your assets are allocated to crypto?
« Reply #583 on: January 08, 2025, 05:34:29 PM »
The hesitation at that time was natural, because I also did not buy much bitcoin when the price was still $ 25K, even though we were sure that the price of bitcoin would rise high at that time. Maybe the lack of courage and good risk management from me made me hesitate to make a decision at that time. Maybe it could be said that it was fear.
Some people will wait to buy at the price they want, for example when the price is still 15k at that time, then it goes up to 20k. People wait and hope the price will go back down and then they will enter, but it turns out the price is getting higher.

It keeps repeating, when the price reaches 25k people wait for the correction to 20k, and so on. Basically, you have to have courage and good management so that you can be safe even though you have to wait longer.
Bitcoin price dropped to $15k after making an ATH of $68k last time many thought that since the price of Bitcoin has moved to such a price it could possibly drop to around $10k. Even thought many missed the opportunity of that time.  It is impossible to say how much the price of Bitcoin or other crypto coins will drop exactly and how often, but one can only estimate an approximate price.

So in my opinion if you always get bitcoins 30-50% below ATH price then you should invest in bitcoins according to DCA.  Then Bear season advantage can be taken
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Re: How much % of your assets are allocated to crypto?
« Reply #584 on: January 08, 2025, 10:02:05 PM »

Bitcoin price dropped to $15k after making an ATH of $68k last time many thought that since the price of Bitcoin has moved to such a price it could possibly drop to around $10k. Even thought many missed the opportunity of that time.  It is impossible to say how much the price of Bitcoin or other crypto coins will drop exactly and how often, but one can only estimate an approximate price.

So in my opinion if you always get bitcoins 30-50% below ATH price then you should invest in bitcoins according to DCA.  Then Bear season advantage can be taken
bitcoin price will experience correction after reaching ATH and currently bitcoin price is $94K after yesterday it rose above $100K.
I also still do DCA in buying bitcoin when the price drops and this is what I consistently do because it seems like the crypto market is waiting for something this month,as some members commented
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