I recently purchased bitcoin, it was the most I have ever put into a cryptocurrency.
This is going to be a long term buy, This was taken out of stock money,
Now that I have done this I feel more excited about
where bitcoin is headed than I do about stocks. Now I feel like I should take more out of
Stocks, Feel theres going to be more return this way. Thoughts on this am I getting carried away
My personal opinion is that you should limit investment in high-risk assets such as Bitcoin to somewhere between 10% and 20% of your portfolio. Diversifying is always a welcome step.. but as we have seen during the past few years, cryptocurrency remains extremely volatile when compared to the other assets such as stocks and bullion. You should invest, only in case you can afford to hold the coins for at least 3 to 5 years.