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RE: South Korean exchanges Coinone and Bithumb raided by police and tax agencies
If you don't mind my asking, what's your current crypto allocation in terms of percentage of investable wealth?
If you don't mind my asking, what's your current crypto allocation in terms of percentage of investable wealth?
I'm around 10% right now. I feel that in a growing, not well-understood market where 10-1000x are (relatively) common, you don't need to allocate a large % of total capital to do well. And you protect your downside if it burns to the ground.
But I truly believe we're in the first true boom where the common man (us) is able to invest directly before most elites, gatekeepers, and institutions. So I'm considering upping my allocation to around 20%.
Thanks for sharing, I appreciate the insight and the thought process.
Happy to - I'm far from an expert (barely a novice) so I relish the chance to talk w/ others!