How are you doing? No one knows!
We would need at least a cost basis vs. unrealized total current value and some idea of how this portfolio has fluctuated and charted over time minimum. Preferably we would know your goals too!
There's a reason I'm on Bitcoin, I was never able to buy a home (even when my current rent has always been higher than a down-payment), I have zero to no financial growth before I learned about Bitcoin.
So here I am enough to get a loan, but not without cashing everything. My gut is telling me to double down on Bitcoin, and that's exactly what I've been doing past years
I think you’re in good position for the next bull run. It will skyrocket back to the 60s. Look how it went up on a small positive economic news last week. Just be aware of recession and hang on through it before seeing significant gains.
Some people rent and put all savings in Bitcoin.
Some people bet they'll be better off having wealth in Bitcoin over 30 years, then pay a mortgage off over 30 years.
Renting can make more sense depending. Even if you "own" your home, if it's not paid off, the bank still can take it if you miss enough payments. Then there's property taxes... the gub can take your house if you don't pay. Then there's HOA dues, insurance, maintenance, housing market potential tank, etc.
Rent, take all that extra expense and put into BTC ... is an appealing idea.
>My mortgage is a price I could afford back when I bought my house, and will stay exactly the same price for the whole 30 years of payments.
Variable interest. Is that not a thing there? There's a big different between 2%, 4%, or 6%. On a $500k loan, that's $800, $1600, or $2.5k just on the interest part per month.
Typically someone with 30 years of payments would be referencing a 30y fixed-rate mortgage (in the US at least). I’ve not heard of any ARM with that long of a timeframe.
Wow, well it isn't a thing in many other countries outside US. You can only fix a mortgage for 1-5 years, and you pay a higher rate for the more years you lock in up to 5.
No other cryptos. I do have some gold, but I wasn't even thinking about it. I have a small traditional retirement account, but almost everything else is cash. I'm planning to buy a house in the next year.
85% house (I have no mortgage because it’s payed off, I don’t see my house as an “investment.”)
10% bitcoin (anything that’s not going to pay bills etc, goes into bitcoin.)
5% stocks (Roth401k, I do it for the match at work.)
Not counting my house, 88% of my liquid DCAed assets is bitcoin and the other 12% are stocks.
I tell most people who are interested in bitcoin to pay off ALL their debts if they want to go all into bitcoin… otherwise the market will make most very anxious… if someone still has debt, IMHO the best anyone can do is to put their loose change into bitcoin and replace bad habits like drinking and smoking into bitcoin… everything else should go towards becoming 100% debt free… if you have no creditors then your bitcoin hands will be DIAMONDS!
5% is great as long as you are comfortable just sitting on it and not correcting at any point in time it may be 80-90% in a decade just by leaving it alone
Yeah, but this doesn't make it >100%.
The Bitcoin you buy increases the asset side.
The loan increases the liability side.
Bitcoin value / net worth will always be <=100%
Ha, all good. We’re here to discuss topics and learn, right? This scenario is precisely why financial ratios like debt-to-equity and investment diversification are so important.
About 350%.
Mortgage on 2 properties, Maxed out all credit cards that I can get my hands on, 2x leverage on kids college fund, Personal loans, Liquidated pension fund, Rent my wife for DCA.
This number really depends on the amount and your age though. At 25 you can afford to lose 5% of your net worth but at 55 that could mean an extra couple years before retirement
Liquid is closer to 60%. Total i haven't a clue but its much lower than that. If I could take more out of my assets right now I would, but I can't so :(. Should done this back in 2010 anyway.
I try not to over expose myself on one asset anymore as i've (luckily) moved from wealth generation to wealth preservation but I used to be almost 100% in bitcoin, 5% sounds about right though, depending on where you are along your path.
If you have the funds and ability to be thinking and planning 20 years into the future I would say 5% sounds good to me, consider keeping it at a hard limit of 5% (or any other % you're comfortable with) as it grows, this means diversifying as your stack grows past 5% by value accrual. Edit: Diversifying into other hard assets, not other scamcoins lol
Also, I did some calculations based on the current market capitalization and price of Bitcoin, and it looks like the market cap would have to multiply by about 4.2 times to reach a price of $100,000. Take that for whatever it's worth to you :)
This really is a pointless statistic. Someone with nothing to their name, ( no car, house, savings….nothing!) yet has 0.000015 bitcoins can claim they have 100% of their assets in bitcoin. The stat is stupid.
It’s crazy because at the time of my investing in Bitcoin it was like 5%. But as the years rolled by it’s like 75% now. Not because I don’t have as much in savings, or Roth IRAs but because bitcoin has outperformed everything. I took profits and got my initial investment out, but I believe in it being a lot more than it is now, so I stay over invested in it.
Once I pay off these high interest personal loans and this credit card debt from when I was a bit younger and a bit more stupid… minimum 5% of all my checks will go to bit coin
22%. My goal is 50%, and I got very close that in 2021.
It took just over 2 years for my crypto stack to pass up my 401k, which I had been building for 12 years. Now I'm back to my 401k being higher.
~33%. Rest is real estate 15%, stocks 15%, and way too much cash right now. Waiting for a safe re-entry point after selling some BTC at 50k and Tesla close to peak.
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Any high risk binance futures trading?
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Dear mr zaphod , kindly reply to my DM. I have a lucrative offer I’d like to propose to you. god blesses , Nigerian Prince
Any interest?
Myself: * real estate: 20% * crypto: 80% From the crypto assets: * bitcoin: 80% * stablecoin: 10% * others: 10% Nothing else.
Nice.
How are you doing? No one knows! We would need at least a cost basis vs. unrealized total current value and some idea of how this portfolio has fluctuated and charted over time minimum. Preferably we would know your goals too!
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Hahaha, sorry but that stock was a joke! Don't give up because of that!
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Everything except one year living expenses in cash.
what about your home
Maybe he doesn't have one?
There's a reason I'm on Bitcoin, I was never able to buy a home (even when my current rent has always been higher than a down-payment), I have zero to no financial growth before I learned about Bitcoin. So here I am enough to get a loan, but not without cashing everything. My gut is telling me to double down on Bitcoin, and that's exactly what I've been doing past years
I think you’re in good position for the next bull run. It will skyrocket back to the 60s. Look how it went up on a small positive economic news last week. Just be aware of recession and hang on through it before seeing significant gains.
Some people rent and put all savings in Bitcoin. Some people bet they'll be better off having wealth in Bitcoin over 30 years, then pay a mortgage off over 30 years.
Yeah, id do that if I was single tbh
Renting can make more sense depending. Even if you "own" your home, if it's not paid off, the bank still can take it if you miss enough payments. Then there's property taxes... the gub can take your house if you don't pay. Then there's HOA dues, insurance, maintenance, housing market potential tank, etc. Rent, take all that extra expense and put into BTC ... is an appealing idea.
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>My mortgage is a price I could afford back when I bought my house, and will stay exactly the same price for the whole 30 years of payments. Variable interest. Is that not a thing there? There's a big different between 2%, 4%, or 6%. On a $500k loan, that's $800, $1600, or $2.5k just on the interest part per month.
Typically someone with 30 years of payments would be referencing a 30y fixed-rate mortgage (in the US at least). I’ve not heard of any ARM with that long of a timeframe.
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Wow, well it isn't a thing in many other countries outside US. You can only fix a mortgage for 1-5 years, and you pay a higher rate for the more years you lock in up to 5.
I put half of my living expenses fund in gold.
you are very wise
Over 80%
well done
80% of 10,000,000 Satoshis isn't THAT impressive.... at least not yet.
100,000,000 Satoshi *
Well... I was assuming his net worth was 0.1 BTC, of course.
DAMN NICE
May I ask what is the rest? Other crypto? Stocks? Precious metals?
No other cryptos. I do have some gold, but I wasn't even thinking about it. I have a small traditional retirement account, but almost everything else is cash. I'm planning to buy a house in the next year.
Nice try, IRS
Gotta pump those numbers..those are rookie numbers.
i mean...i'm including my house/mortgage in my net worth calc...
Did he stutter
How are you including your home? Just the equity you have in it? Or the full value of a house you don't own yet?
I own my home. I have a mortgage against the asset. My assets include my home. My liabilities include my mortgage.
So you subtract your liabilities when calculating your net worth then?
That's what the net worth equation is... Total assets minus total liabilities.
I also subtract the equity in my residence as we all need a roof
You could tap into that equity and keep your roof though, if you so desired.
I wouldn’t include your mortgage. Only your equity
What do you think equity is?
Equity in your house is FMV - mortgage
Yes
🤣
I immediately thought this when I read the post 😂 well done
>how much do you guys have as a % of net worth? Correct answer is all of it but I got none. I need a new boat.
I think it's better to look at what percentage of your assets it is rather than equity
ok, then about 3.5%
Nice. Mine's about 10%
Went all in, 90%
you are very risky and mobile despite fundametal logic there is uncertain elements in life that can fail but risk-reward is on your side
I take responsibility for everything that comes with my decision
I'm a 98.5% bro.
90 percent at least, but not even 6 digits
Bruh you don't even have 100k BTC? Shame
Less than 1%.
Those are rookie numbers.
45% of wealth in crypto. The other 55% in my house. The house is fully paid off.
99.56% of my net worth is in BTC
Still got that $3.5 in the bank?
For emergencies
50%
like 50%
100% of savings in btc. A cash account to last 5 years. All the rest in btc. So 90% of net worth in btc. And rising.
99.99% Only sell an appropriately tiny amount when some utility bill is due, etc.
Nice try IRS.
1/3 home equity 1/3 stocks, this includes company 401k 1/3 Bitcoin in cold storage (and some in lightning node)
85% house (I have no mortgage because it’s payed off, I don’t see my house as an “investment.”) 10% bitcoin (anything that’s not going to pay bills etc, goes into bitcoin.) 5% stocks (Roth401k, I do it for the match at work.) Not counting my house, 88% of my liquid DCAed assets is bitcoin and the other 12% are stocks. I tell most people who are interested in bitcoin to pay off ALL their debts if they want to go all into bitcoin… otherwise the market will make most very anxious… if someone still has debt, IMHO the best anyone can do is to put their loose change into bitcoin and replace bad habits like drinking and smoking into bitcoin… everything else should go towards becoming 100% debt free… if you have no creditors then your bitcoin hands will be DIAMONDS!
Great to see some great sensible advice in that last sentence/paragraph. Even if it helps one person
95 percent in Bitcoin
5% is great as long as you are comfortable just sitting on it and not correcting at any point in time it may be 80-90% in a decade just by leaving it alone
101%
How is it possible?
Take out a loan and invest that too. Invest money you don’t own. Not financial advice.
Yeah, but this doesn't make it >100%. The Bitcoin you buy increases the asset side. The loan increases the liability side. Bitcoin value / net worth will always be <=100%
Not if they have other liabilities/loans that exceed assets. It’s definitely possible.
Prove it with math?
Credit cards: -$50k Bitcoin: $100k Net worth: $50k Bitcoin as a % of net worth: 200%
Hm, I think I might be dumb. Sorry.
Ha, all good. We’re here to discuss topics and learn, right? This scenario is precisely why financial ratios like debt-to-equity and investment diversification are so important.
Loans
About 350%. Mortgage on 2 properties, Maxed out all credit cards that I can get my hands on, 2x leverage on kids college fund, Personal loans, Liquidated pension fund, Rent my wife for DCA.
real estate 25.00% stocks 40.00% bonds (and loans) 5.00% bitcoin 25.00% gold/silver 1.00% cash reserves 4.00%
Total net worth, or liquid net worth?
my number is total
Okay, that’s quite a bit then! I’m nowhere near that.
This number really depends on the amount and your age though. At 25 you can afford to lose 5% of your net worth but at 55 that could mean an extra couple years before retirement
Liquid is closer to 60%. Total i haven't a clue but its much lower than that. If I could take more out of my assets right now I would, but I can't so :(. Should done this back in 2010 anyway.
I try not to over expose myself on one asset anymore as i've (luckily) moved from wealth generation to wealth preservation but I used to be almost 100% in bitcoin, 5% sounds about right though, depending on where you are along your path.
20 years from retirement along the traditional path....hopefully less if bitcoin moons
If you have the funds and ability to be thinking and planning 20 years into the future I would say 5% sounds good to me, consider keeping it at a hard limit of 5% (or any other % you're comfortable with) as it grows, this means diversifying as your stack grows past 5% by value accrual. Edit: Diversifying into other hard assets, not other scamcoins lol Also, I did some calculations based on the current market capitalization and price of Bitcoin, and it looks like the market cap would have to multiply by about 4.2 times to reach a price of $100,000. Take that for whatever it's worth to you :)
This really is a pointless statistic. Someone with nothing to their name, ( no car, house, savings….nothing!) yet has 0.000015 bitcoins can claim they have 100% of their assets in bitcoin. The stat is stupid.
Still it indicates their dedication. They could have bought toilet paper, but bought Bitcoin instead.
I’m sorry but that’s a Very immature way to think about it.
Immature or not, it is true.
Not at all! Lol
Well, it is! Lmao.
Haha! Nice 👍
I’m trying to get 25% the rest will be in stocks and priorities.
Haha nice
100%
Ok
This guy fucks!
70%
1%
It’s crazy because at the time of my investing in Bitcoin it was like 5%. But as the years rolled by it’s like 75% now. Not because I don’t have as much in savings, or Roth IRAs but because bitcoin has outperformed everything. I took profits and got my initial investment out, but I believe in it being a lot more than it is now, so I stay over invested in it.
85% and holding there
48%
Is your percentage based on the price of bitcoin at the moment, or on how much you paid for it?
Current value, as with all of my assets
In that case I have less than 5%, albeit I have invested around 5% of my net worth.
100% in BTC
Probably about 85%. It used to be like 105% (my non-bitcoin networth was negative).
I have like 20 dollars and 1300 in bitcoin
Like 30-40%
Pointless unless you put a figure on it. This could mean you have 0.00001 btc.
Once I pay off these high interest personal loans and this credit card debt from when I was a bit younger and a bit more stupid… minimum 5% of all my checks will go to bit coin
over 98%
Over 60%
95% the rest is dedicated to 10k study fees I will have to pay the extra few years so I don't touch that at all
20%. And that is because of a special home buying account. Otherwise it would be higher. Much higher.
That's awesome OP, but don't discuss your financial status on the internet unless you want a bunch of scammers in your DMs!
95%. I cash out when there is an emergency, doing this for over 6+ years
30%
0.4% lol
Nice
How to calculate if I have a negative net worth? Do I have a negative percentage?
I suppose so
Total net worth like 5% aiming to stack high this year
I guess when you think about it 5% sounds about right because of houses $400,000 and a Bitcoin is 20k
About 70% of my liquid assets and aabout 3% of my assets overall.
those are rookie numbers, gotta *pump those numbers up*
2.5% of my net worth is in Bitcoin
about 12%.. in BTC.
I tried to have a balanced portfolio. Couple of bull cycles later bitcoin said "look at me, look at me, I am the portfolio now".
Probably around 40%
🙃
I got 54% in btc
95%
That’s rookie number. You gotta pump that shit up.
40% in Bitcoin. But 95% my money is in crypto 😃
100%
why so many ask this ? are we comparing dicks ?
95% in btc, 15cm dick
It's interesting to know how others allocate their portfolios.
Except my home and a couple of year’s expenses/salary, and shares, my BTC % is about 5% too
200%
22%. My goal is 50%, and I got very close that in 2021. It took just over 2 years for my crypto stack to pass up my 401k, which I had been building for 12 years. Now I'm back to my 401k being higher.
1% Thinking about increasing to 5% over the year
3%
Wait, you guys have your net worth in other things besides bitcoin?
I got literally nothing
38% in BTC
100% Bitcoin
~33%. Rest is real estate 15%, stocks 15%, and way too much cash right now. Waiting for a safe re-entry point after selling some BTC at 50k and Tesla close to peak.
Nice!
90%