This could well have been written about me.
I'm not saying that it is always absolutely wrong to have 90% of your assets in BTC or whatever, but it should be because you are intentionally choosing to do so, not because the price got away from you and you never really considered that you now have 90% of your wealth riding on one thing.
https://www.reddit.com/r/Bitcoin/comments/7gi55s/dont_invest_recklessly/I'm spooked again.
So, theymos is now advising
those of us who went 50% in on Bitcoin years ago, and are now nearly 90% in due to a rising Bitcoin, to sell 45% of our BTC stash, in order to return to the initial BTC/total investment of 50%.
I respect him, but can't help but wonder if that is a good piece of advice, or a borderline FUD call...
If you have enough to lead a happy, comfortable life if Bitcoin goes to zero tomorrow, then theres nothing wrong with the vast majority of your wealth being tied up in Bitcoin.