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Ask HN: What % of your portfolio is in Crypto?
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Re: Ask HN: What % of your portfolio is in Crypto?
#2[deleted]
Re: Ask HN: What % of your portfolio is in Crypto?
#3i've got it all in Beanie Babies™. Thinking of diversifying into MtG.
Re: Ask HN: What % of your portfolio is in Crypto?
#40% there's enough rugpulls to make me very leery.
Then there's the obvious scammy nature of most crypto boosters, and the failures of Mt Gox and SBF. There's just too much fraud surrounding crypto. Sure, you might get rich like early Bitcoin people, but unless you watch everything, and have some luck and the right connections, you're more likely to get fleeced.
Re: Ask HN: What % of your portfolio is in Crypto?
#5Most people would probably say "too much." But since my cost basis is effectively $0, and I've already scaled out my position over the years during past bull runs, I'm not itching to sell. At this point it's "FU money or bust."