facebookIs now a good time to get into crypto, specifically BTC and ETH? - Seedly

Advertisement

Anonymous

29 Apr 2021

Cryptocurrency

Is now a good time to get into crypto, specifically BTC and ETH?

For those holding both, how do you personally allocate between BTC and ETH?

Discussion (3)

What are your thoughts?

Learn how to style your text

The Super Long Ark

17 Apr 2021

Full-Time Trader at Barista FIRE

Imo, i think it is fine to be have a small % (5-10) of your portfolio exposed to some crypto as 1) a store of value, 2) a hedge against fiat currency. just know that it functions more like a commodity than a stock/business. it can crash at anytime or continue moving up, nobody knows.

bitcoin's resilience is trialed and tested since the 2017 crypto crash. when in doubt, always go with the king. i personally only hold btc long term and day/swing trade the top alt coins. note that this is also a relatively small portion of my whole investment portfolio.

Bobby Lee

16 Apr 2021

Investor at Investor@Singapore

If you're in for the long term Just allocate a small chunk, maybe 5% of your portfolio in it. (Not financial advice). Sign up to a good exchange like Gemini and buy into both bit by bit. I personally have more bitcoin than Ethereum. About a ratio of 3:1. However you can 50:50.

Chris

16 Apr 2021

Owner and Writer at Tortoisemoney.com

I won't comment on whether it's a good time to get in now, but I will say I bought my first batch at...

Write your thoughts

Advertisement