I know it’s cool to be “all in” and “bitcoin only” but being real I think 20% is a solid risk reward allocation. Unless you’re starting from zero. At 20% you can endure a 70% drawdown without going completely broke in the process you can also use your other assets to reallocate when prices are favourable back up to 20%. And when it grows out of proportion you can take off some risk when prices are favourable to do so. Still huge asymmetric upside without devastating downside. The irony is you will probably end up with MORE bitcoin this way.

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I really like this take but I think that your allocation really depends on your age and situation. 20% feels healthy for some and not aggressive enough for others. But unless you are super poor and/or have a long term horizon (say 10 plus years), “all in” is not a great place to be in my opinion
100% this is coming from someone that has been all in. Depends on situation but eventually you gotta protect your downside when you have a family to provide for.