Betterment’s crypto fund and 5% recommendation- a way to navigate risk and loss

Great forum here! I had 3x my money on bitcoin when I had it on Gemini exchange. Last year when the prices dropped I was able to take out my initial investment. I got my principal back. But I learned a lesson. I felt burned.

Betterment has a crypto fund. However they recommend only allocating 5% of your total investable assets to crypto currencies. So for example. You have say 100,000 In cash bonds stocks etc. they recommend no more than $5000 of that should be in crypto. If the price of crypto rises and your $5000 is now worth $6000 then great! Take out the $1000 as profit and put that back in to your cash savings or other stocks. Now your total investable assets are 105,000. And your suggested amount for crypto goes up To $5250.

Now you can take out profits along the way. You get a broad range of crypto assets (not just bitcoin). Also you don’t have to worry about cold physical storage. You basically treat it like any other asset class.

Why don’t more people do this ? Why take on the risk of bitcoin’s price drops And crazy bull runs.

Anyway my two cents. Would love others’ suggestions.