How much in percentage of your total bitcoin do you allot or invest to trade? Is it like 50% hold and 50% invest in tradings or how do you go about it?
Is it wise to invest all your 100% bitcoin in trading if you feel it is the right opportunity?
My first two years in bitcoin, I only accumulated, so I did not sell any. I just kept a budget and kept buying on a periodic basis; therefore, I was 100% in.
Starting in October 2015, I began to trade.
here's my projected allocation BTC versus dollars in my trading fund depending on price.
200-350 97-99.5%
350-450 96-99%
450-550 92-98%
550-650 90-96%
650-850 85-95%
850-1250 84-95%
1250-2000 83-92%
2000-3000 81-91%
3000-5000 60-88%
5000-10000 55-82%
10000-20000 48-78%
20000=30000 45-75%
30000-50000 43-73%
Currently, I am a tiny bit over-allocated in BTC, at about 92% BTC and 8% fiat. I try to never run out of fiat or BTC... accordingly, i buy on the way down and sell on the way up.
Currently, I attempt to maintain my BTC/dollar allocations by selling 1% of my BTC holdings for every 10% rise in price and then proportionately buying back on dips.