Quote from: LogitechMouse on Today at 12:02:01 PM

Quote from: thecodebear on Today at 01:30:53 AM

I knew I was right around 99% crypto, but I actually took a second to calculate it and I'm only 0.1% fiat, 99.9% crypto right now! Granted I'm very low on cash right now haha, gotta cash out a couple thousand dollars worth of staking rewards to pay expenses this month, and generally I want to keep 0.5% in cash for my emergency fund.

I know that putting most of your money in crypto is a good idea since we are in a bull run but what will happen to you if the bull run ended and the bear market starts and your money are still into crypto?
Cashing out or taking profits isn't a bad strategy especially if you are happy with the profits that you have. As for me, I will take profits gradually until I reached the point where I already cashed out already. I will hold some Bitcoins and other altcoins still but will cash out a huge portion of it overtime.

I don't care about bear markets. I'm retired now thanks to bitcoin, I won't be selling any just because we are in a bull market. Bear markets are temporary, I could care less about them. I used the last bear market to load up on Bitcoin at the bottom and retired half a year later because of it. And I got DOT recently so I can easily live off of DOT staking rewards, I have no need to sell anything other than staking rewards as my only income, so bear markets mean nothing to me. I've exited the fiat game now, I only will hold enough for monthly spending and a bit extra in case of emergencies. If I ever need to buy anything big I can just buy it in the future with Bitcoin or sell some to fiat for the purchase.