Re: How much money from my profits i should put in bitcoin ?
Hi im trading altcoins on exchanges for years now and i was always withdrawing like 60-70 percent of my profit
and buy bitcoin for the rest (30-40 percent) but since btc price is highly increased you think i should just keep
doing the same or i should buy USDT instead with that 30-40 percent meant for bitcoin and store it in a safe wallet
like trezor till btc price drop or till we see a new bear market then buy btc with that saved USDT
Your strategy towards bitcoin investment will really delay your accumulating process since you are always waiting for bitcoin to drop in price before buying bitcoin meanwhile you can still be accumulating Bitcoin using the DCA method provided you have your discretion money because you will accumulating Bitcoin with the level of your discretionary income in a way that it won't affect your personal needs which may lead to sell out your Bitcoin hodling in short while remember it is best you accumulate Bitcoin and HODL for a longer time with your DCA strategy you can start accumulating Bitcoin gradually increasing your Bitcoin stack either every week or month regardless of the price of Bitcoin and HODL for long instead of waiting for Bitcoin to drop price before you can start accumulating Bitcoin.and buy bitcoin for the rest (30-40 percent) but since btc price is highly increased you think i should just keep
doing the same or i should buy USDT instead with that 30-40 percent meant for bitcoin and store it in a safe wallet
like trezor till btc price drop or till we see a new bear market then buy btc with that saved USDT