Depends what else you are doing with your money and at what time. I still think crypto is too risky to just leave anything your're not prepared to lose in it. My strategy with this stuff I like to think of as medium term trades, ie leave money there for 12-18 months and then move out again. It's a good place to make money during the bull cycle and then move profits into real stores of wealth like property.
Don't listen to all that diamond hands bullshit and hodle forever bravado. That's fine for people who got in 7 or 8 years ago not for people playing now.
I don’t see anything risky about Crypto as it has historically been going up for over a decade. Basically that is a long term hold, at any entry point, if you’re looking to make a quick profit then that’s when you’re at risk. If you hold and sell at the top of each bull wave then that’s when you’ll realise profits, if you buy in during tbat wave and don’t sell at the top then you’re waiting a number of years for the next bull-cycle. Unless you’re willing to trade in between Wyckoff distribution and shorting but you’re likely to get rekt. If you’re jumping in when The Project are reporting on it you’re already too late. You buy in when the sentiment is grim and there’s blood in the streets. 1 0 1.
I don’t listen to any Crypto-Bros or flash in pan opinions, I’ve been in this for a number of years to develop my own strategies and so far it’s paying off. I feel I am very safe with how I’ve invested in Crypto, I haven’t lost because I haven’t sold, if at certain points the value of my portfolio is less than my total capital investment, I don’t consider that a loss, because I haven’t sold.
Holding forever makes no sense. Diamond hands is just those who can psychologically accept when the market plummets and know it will reach greater highs at some point in the future - because they missed realising profits in the current run. It makes sense, it just depends on how patient you are. Where will it be in another ten years and are you willing to wait that long or do you feel you’ll realise better profits in “real stores of wealth” in the short term, is the question, I guess…