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"post_content": "I want to invest in Bitcoin (GBTC) and Etherium (ETHE). What percentage of my portfolio should I allocate to each? Looking to hold long term. 27 years old. 100k net worth.",
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You would be speculating on them - more so than you ever would be in a market. So put in as much as you’re comfortable losing.
^^THIS Treat it like a trip to Vegas, set aside an amount you’re ok never seeing again and if you luck out then it’s great
Chief
I’d learn more about both and invest depending on how much you believe in eth and btc. Fidelity recommends 5% allocation towards bitcoin
Chief
Right but bitcoin has tremendous value. Also money is all based on what people believe in
Conversation Starter
Think I read that 1-2% of your portfolio is good. You would be comfortable losing it but also not lose out on all potential gains