Post
Topic
Board Trading Discussion
Re: What's your recommended crypto allocation?
by
Rox123
on 28/06/2018, 03:04:22 UTC
100% ether.

Markets behave in irrational ways, for a while. Your mind has a little hamster that runs furiously on its wheel attempting to rationalize the irrational behavior that you observe. The rationalization hamster produces bizarre theories like, "Bitcoin is a terrific store of value,"

On top of that, the price is a mood altering drug, it affects your perception of reality. Bitcoin price has gone down, so it seems sexy and attractive right now. Earlier in the year ether went up in price a lot, so it seemed sexy and attractive then. A rising price is influencing you on a subconscious, instinctual level. It is sending you a message that the herd is moving in that direction, and since you are a herd animal, you want to move with the herd.

Actually, if you want to make a lot of money, figure out where the herd will be a few years from now and go there today. Disclaimer: You may be eaten by predators and/or fail to reproduce if you follow this strategy.

Good luck, and have fun.