@jjg yes I am.
I am diverse but around 65% BTC
It may be worth while to attempt to flesh out some of these ideas in regards to overall investment portfolio allocations as compared/contrasted with BTC allocations a wee bit.
Surely in the past couple of years or so, there has been quite a bit of acknowledgement that the traditional portfolio of 60% to equities and the 40% to bonds has been quite a bit of a loser portfolio, especially recognizing that the bonds portion had been largely losing value, and so maybe some of the attention in regard to the losing nature of the bond allocation had been further triggered by the amount of attention that money printer go bbbuuuurrrr had been flaunted since March 2020d... .
So there has been quite a bit of negativity regarding how much bond performance had been drawing down the values of the whole portfolios that institutions were forced to maintain and individuals had been somewhat blindly following similar kinds of allocations.... so then there may have been concerns to attempt to reconfigure (reallocate) out of bonds, but then at the same time the movement of the Fed interest rates UPpity seem to have been designed to attempt to lure individuals back into having some of their value in bonds... even though the mandates of institutions had not really changed in terms of their having to keep some of their allocations in bonds.. even though maybe incentivizing some of them to end up to take higher levels of risk in other areas of their portfolios because of the recent (and even projected ongoing low performance of bonds)..
It seems that my historical investments (prior to bitcoin) were quite highly allocated in bonds, yet it seems that even by the time that I got into bitcoin, I had been gravitating more and more towards other forms of investments (and more and more willingness to take some risks with some of my investment/savings based on the principle continuing to grow), but then I tended to calculate the quasi-liquid portion of my investment portfolio a little bit differently, too (in terms of not necessarily ONLY giving value to liquid assets.. but attempting to calculate approximate values on all assets that I had available whether or not they could immediately be liquidated or whether they were generating current cashflows).. so in
one of my posts from June 29, 2022, I try to show how my allocation to bitcoin had changed over the years.. but part of the reason for the changes in the allocation that increasingly became more and more weighted towards bitcoin was due to the relatively greater price appreciation of bitcoin compared to the other assets rather than my having had made any kinds of reallocation moves... My greatest reallocation moves largely came from my merely getting into bitcoin and coming off of zero (and aiming for 10% that evolved into something like 13.5%.. and while various traditional aspects of my overall portfolio remained relatively flat.. and maybe appreciated in value around 70% or so over 9 years, bitcoin became a way higher portion of my overall investment portfolio based mostly on its appreciation rather than my fucking around very much with any kind of meaningful reallocations.
And sure, in June 2022, I was around similar levels as what you (Phil) are asserting yourself to be right now.
..... and I am a bit lazy to update that chart to figure out the extent to which there is (or would be) much of any significant/material change between what my various allocations were in June 2022 as compared to what they are today.. so in that regard, maybe I am largely attempting to make the argument that in recent years.. maybe since 2016/2017 or so, I have not really been making much if any changes to the way that I had allocated (and not really engaging in reallocations), and surely not really anything to get very excited about.. because they BIGGEST of the allocations involve getting started (in bitcoin in late 2013 and thereafter for me) and establishing a position (same timeframe), then soon thereafter we might get into a kind of maintenance - however, I would conceded that it could take younger folks 10-20 years before they might get to a kind of maintenance stage, but I had done a large portion of my "getting to my maintenance" stage prior to getting into bitcoin (which was already more than 20 years), so by the time I got into bitcoin, I spent mostly a year establishing my BTC allocation.. and then had another year that may have ended up kind of dragging into two years of bolstering and buttressing such allocation.. perhaps based on some of my nervousness of just wanting to get as many BTC as I could during the earlier stages of my own BTC journey to establish a meaningful/significant position.
Poll
