I feel like you should be 80% invested at all times
Whether it’s crypto stocks bonds real estate etc.
There is 0 value on having more than 20% liquid cash
Now ofc majority of your assets should be liquid vehicles incase of emergency or whatever the case may be
My problem last cycle was that I took too much money off the table too early
I was off ramping huge profits while we there was still too much opportunity
Yes it was nice having a good amount of fiat to be able to secure myself and enjoy life
But at the same time that money could’ve been used to make 10-20x more but instead it was sitting in a bank account and being spent with no returns
This is probably one of the main things I’ll work on for next cycle
Having a good balance of this will lead to longer term success
My full conversation with @ChrisCamillo
1:20 How I discovered Chris Camillo
0:33 World's first narrative trader
8:05 Why you need to call your trades
10:13 Making 70% a year for 20 years
14:03 The Michelle Obama dress trade
17:00 Trading Damn Daniel
21:34 What hedge funds get Wrong
33:15 IRL trade research
49:01 Trading the iPhone launch
56:36 The female edge in trading
1:02:19 Trading the Swatch AP
1:16:38 Chris's worst trade
1:26:20 Crypto traders can crush the stock market
1:37:33 Not selling Amazon