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RE: WARNING: Are you investing too much money in crypto?
I think a lot of people will be investing too much in crypto and I believe your % amounts of your wealth to put in crypto are reasonable. I fear for people who are "betting the farm", because as much as the blockchain technology and even a dozen or two cryptocurrencies have massive benefits to them, I believe as much as 90% of all the cryptocurrencies will end up failing (in terms of people's expectations of the price going through the roof at least).
Your final point about keeping extra cash for discount assets is something I have personally fell victim to not obeying in the past and missed out on some really good opportunities because of it!
Anyways, I followed you to learn more from your posts in the future.
Completely agree with you. Coinmarketcap lists 1419 cryptocurrencies and there are probably many more small ones out there not listed on CMC. I strongly believe in a few years time, there will only be a few dozen left. To kill off the weak crypto currencies we're going to need a huge crash. After that, money will flow back into the winning crypto's.
Thanks for the follow! Check out my other content if you want. You can vote for which crypto I should cover in-depth in this post. There's only a few hours left to vote!
Let me know what you write about and maybe I'll follow you as well!