Got my first full bitcoin when it was $6. Was a fan of it since 2012 and regularly post on Facebook encouraging folks to put $10 a week into it for the past 5 years. Some folks listening, most didn't. Now my inbox gets 200+ messages a week from people begging me for advice, ugh. I don't even open PMs there.
I keep about 6% of my net worth in crypto and rebalance my portfolio 2-4 times a year. Not sure what to do this quarter, waiting for my tax attorney to give me some idea of what to do since the recent run-up is really throwing my net worth out of whack.
There are more scammers (and scam coins) out there than I've ever seen. And now folks are buying bitcoin with HELOCs and CCs, which is extremely dangerous and stupid.
Me? I still buy $100-$150 automatically out of my bank account, just as I have been for almost 5 years. I don't care about the bubbles and busts, I like the technical side of things and see a future in bitcoin. Most of the alt-coins look like scams in their white papers, I warn my friends to avoid them but people have diamonds in their eyes. Stupid.
ahaha
