Thoughts on managing altcoin position sizing vs. BTC/ETH?
Still getting my feet wet with crypto beyond the major players. I've been comfortable with my $BTC and $ETH sizing, but when I look at some of the smaller cap altcoins, my position sizing feels... off. I try to scale in, but the volatility can make a small position feel like a large one, and a larger one feel like I'm gambling. How do you all approach this? Is there a general rule of thumb for allocating to more speculative plays relative to your core holdings, or is it purely a factor of individual conviction and risk tolerance?
I generally keep altcoin positions much smaller, usually 1-5% of my crypto portfolio, and scale out quickly on strong moves. It helps manage the downside when they inevitably retrace hard.