Percentage of portfolio in crypto?

Jim2007

https://www.boards.ie/discussion/comment/119231584#Comment_119231584

You are speculating in a currency not buying stocks for heavens sake!

antimatterx

https://www.boards.ie/discussion/comment/119250969#Comment_119250969

Despite the name, they're more like commodities.

Jim2007

https://www.boards.ie/discussion/comment/119251397#Comment_119251397

They certainly are not. Commodities have an intrinsic value, crypto value is 100% perception.

massdebater

https://www.boards.ie/discussion/comment/119253248#Comment_119253248

Most tax authorities view crypto as property, that's probably the most accurate way to define it.

Potatoeman

https://www.boards.ie/discussion/comment/119250969#Comment_119250969

It follows a cycle. It’s usually weak before the Bitcoin halving. That’s two years away but with the economy the way it is you could be looking at this bear market going for two years.

coinsrider

keep it at 5%

kriptopoulin

thats good

mgaaron

It is generally not advisable to allocate a large percentage of your portfolio to cryptocurrency, as it is a highly risky and volatile asset class. Cryptocurrencies can fluctuate significantly in value over short periods of time, and there is a risk of losing a significant portion of your investment.

It is generally recommended to diversify your portfolio by including a mix of different asset classes, such as stocks, bonds, and cash. This can help to reduce the overall risk of your portfolio and provide a more stable foundation for your investments.

The exact percentage of your portfolio that you should allocate to cryptocurrency will depend on your risk tolerance and financial goals. Some financial advisors recommend allocating no more than 5-10% of your portfolio to cryptocurrency, while others suggest an even lower percentage. It's important to do your own research and consider your own financial situation when determining the appropriate allocation for your portfolio.

Gayle Barton

The percentage of portfolio in crypto depends on a number of factors, including the investor's risk appetite, financial goals, and market conditions. Generally, a well-diversified portfolio should only have a small percentage of it allocated to crypto assets.

A Blue Chip NFT is a type of non-fungible token that represents ownership of a high-value digital asset, such as a rare collectible, artwork, or other unique asset. These tokens are typically backed by major companies or established organizations.

Dohnjoe

https://www.boards.ie/discussion/comment/119255722#Comment_119255722

There's no logical cycle. It goes up and down based on herd psychology, hype and other factors. There were bull's in 2013, 2017 and 2021. Ergo people speculate there will be one in 2024-ish. Which, because crypto is so utterly stupid, could actually happen based on nothing but self fulfilling prophecy.

The bottom line to "crypto investing" is to buy this garbage when it's relatively low, and then sell it to chumps and new people during the next hype cycle, if/when that occurs.

erlichbachman

An absolute bundle of joy Dohnjoe, why not just refrain from investing in crypto at all? Is it because the majority of markets are basically based on psychology given that investors attempt to get in early when the price is low?

Potatoeman

https://www.boards.ie/discussion/comment/120097917#Comment_120097917

The market so far does follow the Bitcoin halving cycle. There are ups and down but there is a cycle. It’s a high risk market and anything you put in you should not be looking to pull out for up to three years at best. There are projects going nowhere and projects with promise. The market is too sentiment based though. There are plenty in the top twenty that should not be there and plenty that are undervalued.

Dohnjoe

https://www.boards.ie/discussion/comment/120098951#Comment_120098951

Straight after the 2012 halving, there was a bull. After the 2016 halving, nothing happened for the rest of the year. People "find" patterns in crypto. New supply constricts, which should have an instant effect if the market were rational, but it isn't, so it doesn't.

Back in 2018 and 2019 I predicted a bull in 2021 based purely on the fact there was one in 2013 and one in 2017. That's how utterly absurd this market is. And long may it be like that.

Gayle Barton

A portfolio in crypto is a collection of digital assets, such as Bitcoin, Ethereum, and other altcoins, held by an investor. Generally, the percentage of a portfolio in crypto will depend on an individual’s risk tolerance, investment goals, and the amount of capital to invest.

A Blue Chip NFT is a non-fungible token that is backed by a large, established company, such as Microsoft, Apple, or Amazon. These tokens are typically considered to be low risk investments, as they are backed by companies with a long history of success. The percentage of a portfolio in Blue Chip NFTs will depend on an investor’s risk tolerance and investment goals.

Dohnjoe

https://www.boards.ie/discussion/comment/120098443#Comment_120098443

The crypto market is not like other markets.

Dogecoin is not like other financial assets.

We're just buying artificially scarce "things" (that really do nothing) in the hopes that some schmuck in the future pays us much more than we did. Some of us are just honest about this scheme.

If people want to invest in it, cool. With a bit of patience and discipline you can take decent amounts of other people's money for something that didn't actually evolve or do anything meaningful. Maybe 5% or 10% of an investment (money that you can afford to lose). And don't spread too thin, whenever I bought another alt I would buy the same amount of BTC or Eth each time.

Gayle Barton

https://www.boards.ie/discussion/comment/120095661#Comment_120095661

A portfolio in crypto is a collection of digital assets, such as Bitcoin, Ethereum, and other altcoins, held by an investor. Generally, the percentage of a portfolio in crypto will depend on an individual’s risk tolerance, investment goals, and the amount of capital to invest.

A Blue Chip NFT is a non-fungible token that is backed by a large, established company, such as Microsoft, Apple, or Amazon. These tokens are typically considered to be low risk investments, as they are backed by companies with a long history of success. The percentage of a portfolio in Blue Chip NFTs will depend on an investor’s risk tolerance and investment goals.

antimatterx

https://www.boards.ie/discussion/comment/120222955#Comment_120222955

None ATM.

Dohnjoe

Wow, the amount of bot accounts in here is hilarious

antimatterx

https://www.boards.ie/discussion/comment/120225724#Comment_120225724

You're welcome to leave.

Dohnjoe

https://www.boards.ie/discussion/comment/120225741#Comment_120225741

?

There are bots in these threads. Look at "Gayle" above, look at this thread https://www.boards.ie/discussion/2058252061/bitcoin-price-on-bottom/p2

polysteamtoken

It was about 50/50 now I bit more towards crypto. I just prefer crypto & find it easier and faster to use. Also accepting Crypto payments helps.

dirk_dangler

A bet of $1 million that USD will hyperinflate in 90 days.

https://twitter.com/jdcmedlock/status/1636480393007489024

https://twitter.com/balajis/status/1636797265317867520

Is now doing it twice for $1 million each time. Click the tweet for expanded chat , interesting stuff.

https://twitter.com/balajis/status/1636827051419389952

silliussoddius

Bitcoin may enter hypeincrease in the next 90 days.

patsy_mccabe

I have 0% of my portfolio in Crypto.

erlichbachman

Not great numbers there patsy at all, ye need to start bumping it up

0%.

I am shorting Coinbase though.

erlichbachman

https://www.boards.ie/discussion/comment/120931189#Comment_120931189

You do realise this is akin to shorting Amazon or Microsoft many years ago?

It really really isn’t.

It’s down almost 75% since it listed, and I see unlimited opportunities on the downside.

AndreyMal

Just wanna add a bit about Blue Chip NFTs. They indeed carry a badge of reliability to some extent, being tied to well-established entities. For investors looking to dip their toes into this space, such assets could serve as a more familiar entry point into the world of digital collectibles.

Jim2007

https://www.boards.ie/discussion/comment/121331898#Comment_121331898

Balderdash! You don't invest in currencies, you speculate in them and there is no such thing as a Blue Chip currency. Nobody holds dollars, rubles, Euros etc... as an investment, so why would you think you can actually invest in a cryptocurrency? When you buy a cryptocurrency, you are a speculator in a highly automated, unregulated market were value is entirely dependent on public perception. The best way to loose money when you speculate is to stop operating with a cold, calculating mind and start believing the fairly tales and the other nonsense being peddled by the promotors.

cnocbui

My speculation on BTC has gone rather well. It was a 1.17 % investmant relative to my portfolio value, but it now comprises 27% of the total.

All investments are basically speculation and are entirely reliant on perception for their value. I have had equities where the public value was 47% less than the rated fair market value. It's typical of equities to have traded values 30-30+ times P/E or Price/Book value, hence the fuel for the massive share crashes that happen with some regularity.

dirk_dangler

https://www.boards.ie/discussion/comment/118711960#Comment_118711960

https://www.youtube.com/watch?v=fJyp4e4APV0

"Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is the industry standard for securely integrating existing systems across any blockchain."
- DTCC

https://www.dtcc.com/-/media/Files/Downloads/DTCC-Connection/Smart_NAV-Report.pdf

AntonietteK

https://www.boards.ie/discussion/2058233193/percentage-of-portfolio-in-crypto

When it comes to investing, put in the amount you can afford to lose. Cryptocurrencies are volatile and are subjected to price changes. You can also leverage Crypto giveaways to boost your portfolio. I recommend checking out Bitget for events such as Poolx that are beginner-friendly. There is one where you can get a share of 25,983 ZRO. This is valid until 1st July, so check it out when there is still time.

AndreyMal

Just wanna add a bit about Blue Chip NFTs. They indeed carry a badge
of reliability to some extent, being tied to well-established entities.
For investors looking to dip their toes into this space, such assets
could serve as a more familiar entry point into the world of digital
collectibles.

Nody

https://www.boards.ie/discussion/comment/122366762#Comment_122366762

Calling it a collectable when what you own is a receipt to a link on a network which may be go away is stretching things a tad… And that's before we talk about the fact that 99%+ of the images are AI generated in one way or another and have ZERO copyright possibility due to this (only images done by humans can be copyrighted).

erlichbachman

I think that’s a bot Nody