Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.
I am investing the money at the next dip.
Please post your opinion guys.
Edit: I should mention that this is for a longtherm hold, about 5-10 years
Sorry for my bad english, but I am better reading it than writing it.. :p
Don't invest all your savings in cryptocurrency make it half then split it into 2 50% on bitcoin and 50% on ethereum if you want a long term investment.
5-10 years is really long period and it would be hard to predict what would be price of any cryptocurrency happen in that time, if they still exist. If 12500$ you have today is something that wont bother you if something bad unexpectedly happen the go push your plan but if you saved that for future usage and you know you will be needing them I don't suggest you put it in investment like altcoins. Look how almost altcoin dump continously this past few weeks, I bet too many trader and hodlers are now in loss.