What percentage of someone's income do you think is advised to be used for trading?
The percentage is determined according to the market. In a bull market, I recommend no more than 3%, while the percentage may rise to 20% in a bear market and for long-term investment in Bitcoin.
It should probably depend on which part of the bear cycle. If there's a high probability that it's close to or in the actual bottom of the bear cycle, which usually the price is near, touches, or goes below the 200-Weekly SMA, then depending on your situation, you could increase it to most of your savings.
A single person with no responsibilities, and a stable monthly income? Take advantage of that situation.
