1. What strategies would be more effective to manage risks and also maintain stability in your financial life.
Risk management starts with how you manage your general finance before you spend part of your money for investment. Step by step, it would be
Risk management on your finance.
Risk management on your investment capital.
2. How many percent of your income/portfolio is/should be allocated to your Bitcoin investment
If you allocate 100% of your finance into investment, you have bad risk management for both your finance and your investment capital. After using all money for investment, your finance
3. Does your Bitcoin investment and strategy really align with your overall financial goals/plans?
If you start well with capital allocation, you have better financial management, investment capital management and risk management, then you increase your chance of achieving your financial goals and investment targest finally.