Bitcoin Forum

On Aug 6th, Founder of the capital management firm Morgan Creek Antony Pompliano (https://coinpedia.org/news/this-crypto-influencer-holds-50-of-net-worth-in-btc/) during an interview O’Leary asked Pomp how much he had invested in Bitcoin, Pomp responded that 50% of his net worth is in Bitcoin.

Will you believe in investing 50% on bitcoin?

I think it is very risky to have such high expose to a high risk investment option like Bitcoin. Only 15% of my total investment portfolio is in Bitcoin and other Crypto currencies, so if something goes wrong, I still have 85% invested into other options and I would be able to take a hit and still survive.

Younger people can still risk a higher percentage exposure to risk, because they have time on their side to recover, but older people should never have a high percentage of their total portfolio invested into high risk investment options like this.  ::)

Everyone's situation is different and you should make decisions like that, based on your future needs.  ;)

Brother, you either go all the way or not at all, fucking poser bitcoin supporter. 100% that shit, all in!

https://www.azquotes.com/picture-quotes/quote-if-you-re-going-to-try-go-all-the-way-otherwise-don-t-even-start-charles-bukowski-79-64-00.jpg

Don`t tip your toes in the water, jump in the pool!, it is nice.

I have watched the interview and that guy was shocked after hearing Anthony's total net worth in bitcoin.

What could be his reaction if he hears someone from the community who invested 80% - 100% of his total net worth in bitcoin? Just like Didi Taihuttu, the legendary guy with his family who bet it all on bitcoin. (https://en.cryptonomist.ch/2018/11/17/didi-taihuttu-bitcoin/)

Might be too high for most of us, it's probably the case that if he lost 50% of his net worth, he still would be living comfortably with his multiple income streams(all those interviews, Morgan Creek Digital, Off The Chain Podcast, probably more). And to add to that, he's simply very interested in bitcoin; not like some people who put majority of their funds just because "moon" without knowing much about it.

It's more understandable to allocate bigger percentages in Pompliano's case, and with most people in the bitcoin and cryptocurrency space who are actually enthusiasts in my opinion.

50% in bitcoin... Man has balls, I wonder how much money he holds in other cryptos and altcoins, I would estimate around 10%. The biggest and most important question would be, how much did he buy, and what price was the BTC bought? It'll be very interesting...

No, I don't think this is smart if it's a legitimate post. Look at the recent months and how volatile BTC has been going - no one wants to wake up and see 20% of their life savings gone down a drain, no matter how rich you are.

I'd like to see that as well, would be interesting.

I have around 75% of my net worth in Bitcoin. I get why people think it's so dangerous and whatnot, but people who have been early enough had the opportunity to enjoy the massive ride up. It's just that the wealth in Bitcoin throughout the years has massively outperformed the wealth you have in fiat, and this will continue until Bitcoin has reached its whatever near million price.

If it wasn't for Bitcoin to have outperformed the fiat net worth of OG's, they wouldn't have that kind of allocation to Bitcoin, because no one with a rational mind is pumping half (or more) of his wealth in an asset, regardless of what it is.

He was asked how much he invested, he responded with how much he has.

He might have laid out 2% of his net worth that's grown to 50%.

As for me I put in somewhere around 30% back in the day. Now it's somewhere around 95% with no plans on the horizon to change anything.

Same here, almost all of my money are in Bitcoin, although I do plan to start selling at the end of this cycle and drop the number to 20-40% and use my profits to invest into something safer, like real estate or bonds. But I will always hold at least some Bitcoin, because there's always a chance that it will break a million or two, and I know I'll be really sad if that will happen and I will be without any coins at that moment.

And just like the one who sold his house and lot and cars and all his funds to invest all in to bitcoin.he even choose to live in bushes just to be in all investment for bitcoin

I think why Anthony said is legit and must be an example on how to trust this great coin

I must admit that I am not like him since only 20% of my net worth are in bitcoin(with altcoin as well)but I am putting amount monthly to be added for the future of my family

Forget 50%. My portfolio consists of 75% BTC and the remaining 25% is spread out between various altcoins and I am a very happy HODLER. Altcoins surge like crazy once in a blue moon while BTC does it a lot more often.

BTC will always be the safe investment, but there are coins that are emerging as good alternatives in this department like Grain etc. Do your research and invest wisely.

Doesn't matter for him because even if he completely loses 50 percent of his wealth he will still be super wealthy unlike most of the population.  Say bitcoin had another devasting inflation bug or something he will still be living a good life if it crashed.  People that are barely scraping by shouldn't be putting most of their money into a very risk asset.

We really shouldn't be surprised at one such statement, he is maybe saying truth, but there is always a chance that he is exaggerating a little, or it is maybe better to say that he is saying what some people want to hear. If you invest in something, and you are an influential person, then you can try to manipulate the masses by saying : "I invest xx% in that, you should also do that", and others may follow this advice.

Risk is something that is an integral part of investing, and with Bitcoin this risk is not only in price, but in security of that digital property. In most cases when you lost Bitcoin in any way, it was lost forever.

I think it's normal. One has to invest in whatever one believes and the sum should be the one that the investor can afford to lose. We're not talking about a guy who wouldn't survive without this money. And Bitcoin indeed seems to be the best investment with relatively low long-term risks and very high potential profits. Plus this guy is young, so willing to explore his options and take his odds of winning. I would not even be surprised if he had the majority of his net worth in Bitcoin, actually. And I know people for whom their BTC is almost everything they have.
But what isn't? We're talking about investments here, they are always risky. People used to think that the housing market was a very safe investment until it wasn't in 2008. And some still find gold an attractive investment, but just look at gold's price dynamics over the last 5 years and you'll see that you are not likely to lose much with it, but you won't really profit from this investment either.

Probably not exaggeration, but more of slightly misunderstood in my opinion.

I assume that the dude has been in the crypto for a few years now, and he owns a podcast(off the chain) which I assume earns a lot of money(in bitcoin) due to the promotions from his 140+ podcasts already. It might be the fact that his net worth holds 50% due to his early buy ins + podcast earnings, but it doesn't necessarily mean that he used 50% of his fiat to buy BTC, which I think some people might assume.

Maybe. There are bitcoin "influencers" that claims to have only a very small percentage on bitcoin though, like Saifedean Ammous. If I remember correctly his net worth in bitcoin is sub 5%.

Pomp is a guy who truly believes in Bitcoin. The man is simply putting his money where his mouth is. He shows intense passion in Bitcoin but stops short in being too aggressive to the point of appearing disagreeable. I like the way he remains calm and composed all the time in the midst of various tirades against Bitcoin.

Investing at least 50% in Bitcoin is happening to me right now. Let us be clear on it though, I am talking about investment; I am not talking about my net worth. For sure, I wouldn't put half of my little net worth in Bitcoin. That sounds very difficult in my situation right now. But in terms of my investment, Bitcoin holds at least 50% dominance. The rest are diversified not just within crypto but also somewhere else.

Almost everyone running a Crypto business of some sort has more than 50% wealth in Crypto. This might appear risky or surprising for the people of FIAT world, but this is reality. Changpeng Zhao, Roger Ver, Jihan Wu, Arthur Hayes, Jesse Powell, Erik Voorhees or our very own theymos... same story everywhere. But, there is a catch. These people are not buying Crypto with FIAT to have more than 50% in it. They are earning Crypto. And if they try to convert it all in a sudden, they'll attract huge tax. Hence, this HODL ratio.

I have a huge passion for bitcoin but I can't invest 50% of my net worth in bitcoin and we can't be sure if Pompliano is definitely telling the truth.
I'm sure this will affect the price of the bitcoin market in coming days.


Yes, investing one's 50% Net worth into bitcoin is risky but I don't see it as a mad decision for someone like Pompliano which understand perfectly well what crypto investment entails.

Why do people assume he put 50% of his worth in Bitcoin? As said a few posts above, one grows his Bitcoin worth to 50% and beyond by having entered at much lower levels. It's pretty much common sense.

My Bitcoin worth is well over 50% as well, and that while I in total have put in like 5-10% years ago. I would have more than 50% if I didn't cash out some to fiat back in 2017 and early 2018. Bitcoin did me well in my life.

I do wonder what Anthony's endgame is though. He's quite vocal about Bitcoin reaching very high price levels, but these price levels even if met, aren't worth anything unless you cash out or spend hard.

For years, I have had well over 50% of my net worth in BTC, but objectively-speaking it is very risky to have so much invested in any one thing.  It'd be risky to have 50% of your net worth in MSFT, too. I definitely wouldn't recommend such a high BTC allocation to normal people at this point; something like 5% BTC and 5% gold may be a more reasonable recommendation. Maybe in a decade or two, somewhat higher allocations will look OK.

Risk-wise, there's no difference between putting 90% of your net worth in BTC now and "riding BTC up" to the point where you now have 90% of your net worth in BTC. If BTC crashes, you lose the same amount. If you're in a position like this and you wouldn't put that much of your net worth in BTC now, then you might be exposing yourself to more risk than you should.

I don't consider it very useful to "diversify" into altcoins, BTW, since altcoins are mostly trash. As I see things, BTC almost is the cryptocurrency asset class, and if I were to design a reasonable/fair "broad cryptocurrency index", BTC would make up at least 95% of it.

IMO the entire worldwide economy is dominated by the effects of money-printing. So much money was printed from 2008 onward (and given primarily to financial institutions) that we ended up with things like negative bond yields and ridiculously-inflated stock prices. The reason that the CPI doesn't increase very much is that when the money was printed, it ended up fairly concentrated, and a person or highly-regulated business can only spend so much money. The glut of money goes to various investable assets, not typical goods/services. With this in mind, the entire fiat economy begins to look a bit like a ponzi scheme, or like ultra-manipulated coins like XRP, and I'm not super enthusiastic about participating in it. That said, there are so many people playing this game that it could go on for a very long time; I wouldn't for example say that it's always a bad idea to buy bonds, and in fact I do own some traditional investments.

As much as how risky putting 50% in bitcoin is, I personally think it's far less risky to put money today in bitcoin compared to a few years ago though. As days go by, the network goes bigger, adoption slowly increases, understanding towards bitcoin by the masses gets better, etc.

I've always suggested 5% in the past, but now I actually think 20% is decent(but yes, still risky as hell). But then again, it really completely depends on the person's financial situation.

the problem with investing in altcoins is not just about them being trash because even if they weren't, they are still following bitcoin! which means those who think they are "diversifying" into altcoins, are changing their money into something that moves (in fiat terms) smaller than bitcoin and whenever bitcoin falls they fall harder.

and in bitcoin terms they are always falling down. which is the common case with majority of altcoin investors since they invest their bitcoin (fiat > bitcoin > altcoins) and whenever bitcoin goes up like these days, those altcoins lose value against bitcoin which means these investors are losing a lot more money since they are losing their total BTC amount.

Rather than him speaking in parable, he would have just gone directly to telling the world exactly how many bitcoin he holds, then let the public just be the ones to do the arithmetic for him. If he is just saying his net worth, how are we supposed to know his net worth, because what they record in the internet sometimes is not the truth about them.

If based on the way we imagine him to be rich and he said he has 50 percent net worth of him in bitcoin, then he should be seen as one of the whales that are manipulating the market, because he is not much of an institutional investor, so why would he own such amount of money in bitcoin other than for him to use it to manipulate the market and I am also sure that majority of his coins is gotten through manipulation.

I watched that program ( https://www.youtube.com/watch?v=uznxKyt8ttY ) and yea it really sound so crazy when I first heard. But I dont think this guy is stupid and he explained why he did that in a very logical and rational way. And against the other sceptical people, he could easily hammer his points more but I think his attitude of not being combative is actually very helpful. He was really secure while defending his argument. I must say I am pretty impressed. Also for your notice how Kevin avoided his question by saying "No more than 5% in any one stock". Well, he's asking how much total do you have in the stock market. I think, Kevin lost his credibility in his argument when he couldn't answer the question directly.

Of course the bigger the capital the more relaxed and safer options are at your disposal. Some people have to gamble it or would never make it.

15% of a thousand dollars, or 15% of a million? You can't answer that, but the smaller your capital the harder choice it is.

But what if this guy can afford to have half his net worth frozen? he can literally sleep over bitcoin taking a dive, and wait the needed years for its recover, some people just can't (again those with smaller capital to begin with).

Or as the saying goes, never afford what you can't afford to lose. Maybe he can literally lose half his net worth and still be fine, so he is gambling it.

I'd say, he will make it. But i don't know at what price he bought, bitcoin relative to fiat price will probably rise (slowing down overtime, but up).

Now if he depends on this investment, then he could get in trouble, as you say. Hopefully he doesn't depend on it and can sleep comfortably.

Yes that's Didi Taihuttu and the family. You don't have to admit anything and it isn't a big deal if your total net worth is just around 20% for bitcoin. This isn't all about how huge you have but how you trust the technology and bitcoin itself.

I keep on accumulating because I know that one day when its ripe enough to harvest, all of those days that we've waited will be worth it. For others who are just starting out still follow the suggestion of 'invest what you afford to lose'.

People who have a large percentage for bitcoin with their total net worth has huge risk tolerance.

Hes already rich, thats why he brave enough to put 50 of his wealth into bitcoin, but for most average people convert 50% of total asset to bitcoin is risky, me personally choose 15% to bitcoin, 15% to good POS coin like Cosmos and Ontology and and 70% of my saving amount goes to stocks/mutual fund account. I believe bitcoin is the future, but im not brave enough to bet high on bitcoin and crypto

Bitcoin might have booked some serious growth throughout the years, but fundamentally speaking, neutral investors haven't really changed their mind yet-- to them it's still something that could lose its value overnight.

I would say that the larger your allocation to Bitcoin is, obviously the more risk you expose yourself to, but also how much confidence you have that it will be the revolutionary new gold that will take over the world.

It's essentially a bet on a good outcome, but one that has already been through so many hurdles. I'm personally not decreasing my Bitcoin holdings until the price has gone past the $100k mark.

By the time we have gone past the $100k mark I will take out some and very likely allocate it to gold or certain stocks of well equipped companies that pay out dividends so there is some form of a passive income.

Anthony Pompliano has proved himself to be a total crypto enthusiast by representing bitcoin through debation and volunteering himself for the crypto event but him investing 50% of his wealth in bitcoin is what I don't know if it is a truth.
If @Theymos (https://bitcointalk.org/index.php?topic=5173182.msg52094540#msg52094540) could invest 50% of his then Pompliano might be telling the truth cause there will still be some people who also follow the step of theymos.

Investing 50% of your total investment into a volatile bitcoin is definitely a big risk. I only invested 20% of my total asset. However, I can increase this in the future as bitcoin and other cryptocurrency gain more ground.

What one's investment strategy would be if I were a fresh arrival is a very interesting question. I really don't know how I'd approach it now. There's still plenty of risk. Who knows how much short/mid term upside there is?

I'd probably be looking at several years out rather than trying to catch the next bubble. In that case 20% would feel like too much but I'd also be conscious of 5% producing a pretty piddling gain. As ever you have to balance the prospect of ruin versus it flying away without you.

We may be about to enter an interesting phase where many will be asking themselves the same question. It's way bigger and more established than it once was but it's still too wild for boggo investment however many will also feel they missed out on the really stupid gains so will shy away from it.

Is this the same guy who predicted that Bitcoin will spike to $100,000 per coin by 2022? If that is the case, then I am not surprised. I want to know when did he purchased those coins. I hope that it was sometime during 2018, when the prices had fallen to $3,000 per coin. Anyway, it is good to have so many of these celebrities investing in BTC.