Guys, listen.
Nobody is going to do your risk profile for you.
Cryptocurrency investments are extremely volatile. We all like the technology bitcoin offers, it is one of a kind, but do accept that BTC is only 14 years old and in the financial world this is extremely young.
Keeping money in the space at all is a large risk, so any investor worth their salt cannot advise you to invest your entire life savings into BTC. That would be very reckless, especially if you are already in a difficult financial situation.
For a risk based approach, one should place no greater than 10% of your current equity into solid coins with a use case, unless you truly understand the space AND THE RISK.
Buying an asset at its yearly high after producing +100% gains YTD is not the time to be purchasing any asset. Have a little patience, use a dollar cost average strategy for example to manage your risk over time. There is still 6 months to the halving, you have time.
We hope to see more rational investing questions appear on this sub in the future.
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