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Author Topic: USV’s Fred Wilson Explains Optimal Bitcoin/Crypto Holdings for Investors  (Read 174 times)
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October 20, 2017, 01:23:41 AM
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USV’s Fred Wilson Dismisses Bitcoin Crash Prediction, Explains Optimal Crypto Holdings for Investors
https://www.cryptocoinsnews.com/usvs-fred-wilson-explains-how-much-each-type-of-investor-should-put-in-cryptocurrencies/

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a young, aggressive risk taker should get 10% of his net worth in crypto assets, while a sophisticated investor, who might not be such a risk taker, should go with 5%:

Conservative, everyday investors, who are willing to take on some risk, should go with 3%, and investors at their retirement age shouldn’t invest in cryptocurrencies.

You agree?  What % of your net worth is in cryptos?

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October 20, 2017, 01:31:16 AM
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That seems like a very solid way to go about investing in crypto. My crypto asset is high compared to my net fiat.
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October 20, 2017, 05:05:37 AM
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Those amounts seem rather arbitrary. I wonder how he came up with those. I guess it's somewhat reasonable though? 3% for casual investors who are willing to take on some risks seem spot on, and I'm guessing he implied that people who barely want to risk anything can go even lower than that.

It's interesting how he says people in retirement age shouldn't invest anymore though lol. I wonder what his reasoning behind that is? Is it because he predicts that crypto won't truly take off in just a few years?

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October 20, 2017, 05:46:36 AM
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USV’s Fred Wilson Dismisses Bitcoin Crash Prediction, Explains Optimal Crypto Holdings for Investors
https://www.cryptocoinsnews.com/usvs-fred-wilson-explains-how-much-each-type-of-investor-should-put-in-cryptocurrencies/

Quote
a young, aggressive risk taker should get 10% of his net worth in crypto assets, while a sophisticated investor, who might not be such a risk taker, should go with 5%:

Conservative, everyday investors, who are willing to take on some risk, should go with 3%, and investors at their retirement age shouldn’t invest in cryptocurrencies.

You agree?  What % of your net worth is in cryptos?

I mostly agree but it would also depend on the person. I use 20% of my salary to buy Bitcoin monthly, and I have used the same 20% of my savings from before I started "Bitcoining".

10% is safe and works if you have millions of dollars for a person who wants to make more quicker, you have to take more risks.

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