I am a newbie and would like to invest $1000 to start. I have read that I should put 40 percent into bitcoin and diversify the other 60 percent. I need opinions, advice, and anything from those with experience of positive value.
I might be late but I hope you consider my opinion if you haven't invested already. Do note that nobody here is qualified to give you financial advice so don't consider anything you see her as one instead use them as a guideline as you do your personal research. The stats are available on the net in regards to how the outcome of bear market has been in the past. Majority of the project you're supposedly diversifying into right now would probably die off or not get back to the level of hyped they had previously before the bear market began which gave them high trading price.
What this means is that you should stay away from them by all means possible although that doesn't mean you should just invest all your capital at ones into the market. We don't know how low the market can go but we're getting closer or might have already reaches therefore the best strategy would be to DCA (Dollar cost average) your investment into Bitcoin.