Submitted by stock_holders t3_11duxdd in personalfinance
ReddSaidFredd t1_jaazxj2 wrote
Do you have at least $700k in total investments? Personally, I wouldn't put more than 10% towards crypto.
And low compared to what? It's up 41% since the beginning of this year.
stock_holders OP t1_jab01nd wrote
Its low from its ath.. I think like 70% which is understandable since the whole markets are down
ReddSaidFredd t1_jab0ash wrote
It's also high from it's atl.
stock_holders OP t1_jab0hru wrote
Yeah but it climbed higher after the FED rate hike decreased from 50 to 25 points.
MikeWPhilly t1_jab1nr2 wrote
You do realize fortunes have been lost n this last 12 months right? Fortunes and investors and companies. But you want to invest in it?
[deleted] t1_jab0pu0 wrote
[removed]
WhileNotLurking t1_jab2lib wrote
So you think the era of cheap money and speculative investments are coming back in the near future?
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