I'm ignorant when it comes to index funds, securities, derivatives, etc...
I'm no genius or anything when it comes to investing, and really I have been employing various kinds of investment strategies since leaving high school and then being on my own. So I have always set aside as much as I could for various investment purposes which has tended to be between 10% and 40% of my income.. and then attempting to invest in various ways.. some paying off better than others, but over the years building up a considerable nestegg.
Maybe a bit more than 15 years ago, I had increased some of my exposure to retirement investments (kind of like 401ks) that are connected with employment, but allows matching and also limits in how much that can be put in. Then within those 401ks there are limits in how I was able to allocate within them... but maxing them out also was helpful in building funds over a considerable amount of time.
Yes, I imagine 2014 was a rough time when reallocating a portion of your holdings in other areas to BTC. It appears you are beginning to see some light at the end of the tunnel in regards to BTC.
You know, towards the end of 2013, I was looking into various investment vehicles and reallocating various quasi0-liquid holdings that I had that were freeing up. In August 2013, I had bookmarked some information about Bitcoin, and I kept putting it off, and then finally when I got around to it, it was mid-November 2013. That was the first time that I had read anything substantive about bitcoin, and i was quite drawn into the whole idea... I mean really, I took it easy the first 6 months of investing dollar cost averaging low amounts, and then by mid 2014, I became more aggressive.. and anyhow, yeah, it would have been better to have held back a bit more, but who would have thunk (not me)....
But yeah, I am pretty much in the green now, and yet my BTC portfolio has progressed into vary decent places after beginning to trade (but more credit to BTC's price going back up from it's long sustained mid-$200 doldrums)..
Yeah, each of us are going to make different choices regarding this (diversification), and the extent that we may need to redistribute and at what times and also depending on our timeline. Maybe 40% in BTC is too risky, yet that seems to be a question that you need to decide and maybe even reconsider from time to time depending on how the various markets play out, and your personal assessment of various markets in your total portfolio.
Yes, of course. There are times I have sold ALL of my BTC due to an obvious dump and had a very large portion of my holdings in FIAT for weeks. However, I feel quite comfortable with my percentage of holdings in crypto [Mainly BTC]. I feel as long as one stays on top of it to protect it as if it were their own son or daughter, there should not be much risk as one might think.
I think that we agree on some things, but you seem to be gambling a bit more than what is in my own personal tolerance. I stagger and so far, and attempt to never go full anything.. too much gambling involved. I would rather make a lot less and to slowly sell as prices go up (including possibly some larger moves along the way) and to buy on the way down, with possibly some larger moves a long the way....
To me, it seems to be less of a gamble to "work it" incrementally.