Post
Topic
Board Economics
Re: What will you do if bitcoin crash?
by
Pejoh Asu
on 28/03/2023, 06:45:20 UTC
So I ask again if bitcoin crashed today what will be your description rich or poor?
I will not be that extremely poor but it will affect me but I don't believe that it will crash. Bitcoin is my secondary source of income and if it crashed I will still be on feet because the money Invested in bitcoin is just about 20% of my wealth, the remaining
80% are into physical business which today am doing fine it and also is my primary source of income.

It's a good idea to only keep bitcoins with 20% total assets, but I think 20% is a great value, I suggest reducing it again to a maximum of 10%, I also don't mind if bitcoin crashes one day, because of the value of bitcoins and altcoins that I save in wallets and exchanges no more than $1000.