I’m a newly graduated attending doctor, and I now make about 11× what I made during training. Suddenly I have more money than I’m used to managing and as many of you probably know, doctors don’t make the best investment decisions. To avoid constantly thinking about markets and making decisions, I decided to invest all of my savings for the next 6 years into BTC with zero intention of selling during that period. That would be around 180K-200k USD a year. I deeply believe in BTC long term, but I also keep telling myself there may be risks or blind spots I’m not aware of about BTC and because of that I will loose all my money.
Am I taking too much risk, or should I diversify?
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