I generally don't.

If I did, I'd say Bitcoin is the only risk free position you can have, everything else is speculation. Everything else has third party risk & usually derives its value from expected future earnings. Bitcoin has no future earnings, it's pure monetary premium.

I'm no longer all in bitcoin though, I have a small position in MSTR as a speculative bet. I'm treating it very similarly to how I treated bitcoin when I first came across it.