Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
Based on my experience here i think this is a bad idea. When you say all your savings, you mean your everything even your emergency funds? I believe in investing so much because it is the way you can reach financial stability of having passive income. But investing comes with risk. We will never know when a financial crisis occur and bring down all the markets. Invest only the money you can afford to loose. Because you'll just be sorry if something bad might happen to the cryptocurrency market. Most of the government officials doesn't like this idea. Just a friendly reminder.