I took the plunge in 2022 and shifted my entire stock portfolio into Bitcoin. I’ve never regretted it.
But I can’t say it’s easy when my entire net worth plummets by 50% yet again 😅 I’m so convinced of Bitcoin’s potential that I can weather these downturns, take advantage of them, and buy more. I do think, though, that this isn’t for everyone.
And I, too, would like to diversify a little again in the future. My ideal allocation would be about 70% BTC and 30% global ETF. That way, I’ll have some upside potential, but also some downside risk during bear markets.
Think this through carefully and don’t act on emotion just because BTC has risen sharply in recent days. Sleep on it for a few days and really think it through. That would be my advice😘
@stefan_21 Thanks for the advice 👍 In that case, I’ll let it all sink in for another week or two before I do anything.
And even if I do decide to go for it, it won’t happen overnight anyway 😄 My ETFs are still with Scalable. It can easily take 10 days for them to be sold, the taxes to be paid, the money to be deposited in my main bank account, and then transferred on to TR 😂
So I’ll inevitably have a little more time to think it over, haha