Attention newbies and beginners:
If you are new to the cryptocurrency market, a strategy that can make your journey easier is the following: allocate 60% in Bitcoin, 20% in Ethereum and 20% in higher risk assets.
This approach has worked well for me as a “base model”. The reasoning behind it is simple: if you face losses in the riskiest 20%, the profits generated by Bitcoin and Ethereum can compensate, keeping your portfolio in the positive.
Here is how I apply my strategy:
• When Bitcoin reaches my ideal exit point, I plan to transfer the profits to Ethereum.
• I then sell the altcoins that have performed well, keeping only those that are part of the Ethereum network.
• When Ethereum reaches a new high, I plan to dollarize my position (switch to stablecoins) and wait for a bearish or trading period to reinvest.
This is just my personal experience, it is not a financial recommendation. I do not have a crystal ball and I am not better than anyone else. My intention is just to share this model so that you can study it and draw your own conclusions.$BTC