The hard truth about all the retailer hype gurus out there.
Knowing f*** all about what they doing.
No more comment needs to be added to that.
Sorry but thats the truth. Good luck holding your portfolio in minus for a couple of weeks/months.
Its not about that. But its about your portfolio reputation. The game is not to get in at high prices and withstand the drawdown but to have a portfolio which will be efficient in seasons when everything is going down. If you bought, good luck to you, but you made a very bad decision for yourself at this point. Listening to amateurs who know nothing about portfolios and its management will take you only that far. This is damaging your portfolio now. If you wanted to get into bitcoin you had chances at lower prices like 6-10k which are, of course, were high at that time, but are relatively more reasonable than jumping on the wagon at 50k.
Also dont forget to rebalance your portfolio every quarter or annually. It depends on your targets and the weight of each sector your portfolio has.
This is not financial advice, you and only you are responsible for everything you do in this industry. You should seek a professional financial advisor.
Good luck nerds.