..an appropriate way of allocating into bitcoin, and how much should I allocate into bitcoin based on my own personal circumstances.
It's a piece of a good advice.
As we all know, Bitcoin from time to time it will increase in price due to the demand, nothing's late if you will invest and wait for the right time and the money that you're willing to wait for a long period of time. I saw many people regretting
(including myself) buying Bitcoin in the past (
5 years ago) while seeing the price right now.
What if after another 5 years Bitcoin will double or triple the price of what we have right now?
So nothing's late.
I frequently suggest that your investment timeline should be 4-10 years or longer, so I doubt that getting into bitcoin would be considered merely as a trade to cash out after 5 years, unless you were to have some age and/or health kinds of considerations that might restrict your time and contribute towards your needing to cash out in great amounts rather than just sustainably withdrawing. .. so yeah, there tends be differences between thinking about bitcoin as an investment versus as a trade. and if you are merely planning to cash out after 5 years, that seems more like a trade rather than an investment, even though it meets what would be considered to be a acceptable investment timeline.