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Fnuller15
2592d · #DailyMemo
How much of your net worth have you invested into cryptocurrencies/BCH? What is your rationale for the proportion you have allocated? Do you systematic approach to this?
replied 2592d
I have put 10% of my net worth into BCH. My wealth mainly earned from futures market. Compare with futures, BCH have the same risk level. Moreover, I have got a stable work and no debt
replied 2592d
I'm still young enough, I can tolerate high risks of crypto assets. I've got $100,000 net worth, if BCH success, I'll become one of 1%, otherwise I only lose $10,000. Its a good gamble
replied 2592d
My avg cost is about $300 / BCH
replied 2587d
I own 30% in crypto (of which just ~3% BCH, though that will change; I just found you guys), 50% real estate, and 20% cash.
replied 2587d
The crypto got that big by just hodling (fiscal optimization). The real estate was a gift from my parents. And the cash because I did not want stocks with such an insane PE ratio.
Fnuller15
replied 2586d
Makes sense. I also feel it's dangerous to be heavily invested on stocks right now.
replied 2587d
I guess available cash lets me profit off blood on the streets; crypto ensures individual freedom; and real estate is a hedge, just in case the economy keeps going "well" :)
Fnuller15
replied 2592d
Due to the high volatility/risk of cryptocurrencies/BCH, I currently won't set the limits higher. I am willing to take a significant risk, but I will not jeopardize my finances