Thinking of moving my whole crypto portfolio into BTC. Is this dumb?

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I wish we’d touch 33K again. Missed it 🙄

No it’s very smart if you want to sleep well at night

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This is a great way to look at it.

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Going all in on Bitcoin ahead of the bull run where btc almost always gets outperformed by other non garbage coins is a bold, but relatively risk free move

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Not dumb. Risk Averse. Bitcoin is the safe option if you’re looking to 5X, 10X, potentially 20X your money over the course of this decade. If you play your cards right with alts you can 100X your money in a year or two. It all depends on how much risk you want to take.

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As others commented, not at all. It's by far the most safe crypto asset and it's returns probably look more better in the long term if you consider the period after a major crash/correction.

From a risk adjusted return perspective, it's still destroying the S&P 500.

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