Agreed. I'm heavily invested in BTC for the long term, but I could never let it be 100% of my assets. My cold storage is generally a solid 25-30% though. Then I have another ~20% on exchanges, in either $ or BTC depending on the current picture. ~20% in gold and silver. My 401k is in growth funds and commodity indexes and is ~15%. The rest is in cash assets / CDs.
Bitcoin should only be part of your investment, not all. The moment you go all in your money is at risk. There is no situation where you should jeopardize your money.
Some money in stocks, some money in a savings account and some money in bitcoin. That's how i have set up my assets. If Plan A fails I always got a Plan B.
That's what i also would
that's right. although i suggest that for any kind of investment because going all in is never a good idea because losing means losing big time.
on the other hand i sometimes feel like it may be a good idea to go all in bitcoin at some point (not always) and make the biggest profit in short term and then take out the extra money and continue with the smaller amount.