What is the 70 20 10 rule for investing in cryptocurrencies?

1 answers

• OvalkinSep 12, 2023 · 3 years ago
  The 70 20 10 rule for investing in cryptocurrencies is a popular strategy among investors. It recommends allocating 70% of your investment to established cryptocurrencies like Bitcoin and Ethereum, which have a solid foundation and are less likely to experience extreme price fluctuations. The remaining 30% can be divided into 20% for promising projects with potential for growth and 10% for high-risk, speculative investments. This rule helps to diversify your portfolio and reduce the overall risk. By following this rule, you can take advantage of the stability of established cryptocurrencies while also having the opportunity to benefit from the potential growth of promising projects and high-risk investments.
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