Subject: Re: OT: Bitcoin FOMO
a 1-2% allocation to BTC becomes only 10-20% of the portfolio w a 10x, so it does become challenging allocating any sort of meaningful size. Only at larger allocations does it actually begin to make life changing gains


Yes, that's the problem. To minimize the risk in a tulip bulb fad like BTC you need to have a significant allocation. 1%-2% won't cut it. But 1%-2% is unlikely to make a life changing gain, so why bother?

A larger allocation like 5% is just too risky.
There is nothing but thin air supporting it.