How should newcomers in the cryptocurrency space allocate their positions? I mostly agree with the viewpoint expressed by Wu in the edit!

"It's okay to allocate 60% of your position to Bitcoin/top large coins (it's best to accumulate during a bear market), then use 30% to invest in some higher-risk small coins. If you have another job as a living fund and stability guarantee of 10%, this should be a simple and safe rule for everyone in the cryptocurrency space."

Then let me share my allocation: 40% in Bitcoin $BTC , 30% in mainstream coins $SOL , 20% in MeMe $DOGE , and 10% in liquid funds waiting for opportunities.

Of course, these positions are not bought all at once; they are all bought on dips.

Also, for newcomers and those who can't settle down to learn, no matter how long you've been in the cryptocurrency space, do not use leverage. I understand you very well; at first, you use small leverage, and over time you become confident, and the leverage grows larger. Winning once, twice, three times... you feel capable, you think you're a genius, and then during a certain trade, you get completely liquidated, and it goes to zero! You swear you'll never play again...

After a while, you post on your social media: The genius trader returns!

...

Don't ask me how I know; I've been through it 🤦‍♂️

Haha, good morning to everyone at 8:42 AM! Gm