Your portfolio is good and balanced but still I suggest to change a little bit for Bitcoin and Ether.I will advice you to invest 80% of your capital in both this coins because both this have bright future and will jump minimum 50% from current level in just 3-4 months and now a days demand of both this coins increasing huge.And remaining 20% of your capital you can invest in good altcoins like XLM, Cardona, Monero, Ripple and Litecoin.
I keep about 60% in bitcoin. 5% in ETH, 10% in LTC and the remaining 25% in altcoins. Since altcoins provide easier opportunities to make quick winnings, I try to keep its percentage up, whereas with the other three, I just purchase them and wait.
I have to agree with you both about putting more into Bitcoin... Only problem is I already had 50% during this last run up to $19,000 BTC price. Now I feel that it is really inflated and will correct this next week before the holidays.
I feel like it needs to go back to sustainable levels like $15,000-17,000 because the December runup just seems too "tulip-like". ( I do think it will go up to $30-100k per BTC by the end of 2018 but there will be some corrections prior.) As a whole I think Bitcoin has had a crazy run up and will correct about 10-30% soon. Then I plan to dump more into Bitcoin at that time. Like $60k (about 10% of my stocks.
I think After the holidays. Like starting Dec Dec 29-Jan 4 there will be a MASSIVE run up.
---I think for now I will go with 60% bitcoin like you all suggest, but once Bitcoin has a correction to $15k levels I will just dump $60k into it... (dollar cost averaged over 1-2 weeks)
---Then for 2018 I will keep like 70% in Bitcoin before slowly tapering to Altcoins and rebalancing to about 60% bitcoin by the end of 2018...( this could definitely change as things happen so fast!)
Thoughts? Or is that too simplistic trying to time it based on Holidays and the current psychological FOMO run up in December?
