If you are a value investor, everything on the S&P500 has been overpriced and overbought for the past several years. Best bet is all relative. I think allocat

If you are a value investor, everything on the S&P500 has been overpriced and overbought for the past several years. Best bet is all relative. I think allocating a small percentage of wealth to an asset with 10% chance of going up 20x, and 90% change of going to 0 (net expected value 2x) is a rational diversification. Crypto seems to be fairly uncorrelated to broad market. (This is actually a more bearish perspective than I hold, but wanted to point out that it can be rational to hold an asset which is likely to fail as long as there exists a significant chance of order-of-magnitude returns)