Anyone else HAVE most or maybe ALL of their money in btc/crypto?

[CoinCidental]

Or is it just me lol?

Can't complain thesedays, fat stacks just getting fatter  

[cafucafucafu]

If you are saying the truth, then you have to be really happy with current market situation.
To be honest, I was dreaming about having at least the bigger part of my wealth stacked in cryptocurrencies, but i have only few % of it
It is also not worth for me to obtain more ( convert ) because the bitcoin price is waaay to high for an investment not on long-term.
I'm going to wait a little bit longer to see more attractive price, and probably I will try making my supply even bigger than it was before.

[The Sceptical Chymist]

I don't really have much money in cryptocurrency at all. I had some money but most of it dissipated when some of my investments went sour.
Most of my money is in other financial instruments.

I should start investing more into btc/crypto because there can be a lot of great money there. However the liquidity of btc/crypto is still very weak in comparison to the alternatives (CDs, ETFs)

Same here--it's hard to lose money in the stock market nowadays, as well.  I do wish I'd kept the 1.X bitcoin I had last year, but I got burned on a loan and spent the rest of it.  I probably would have made more gains in crypto than the stock market.  Alas...was not meant to be.

But no, I do not have most/all/even half of my money in crypto.  And it'll never be that way.  I see bitcoin as insanely risky and I'm nearing old age, and thus I can't risk it.

[Eebertay]

I put a bunch of money into BTC and LTC and damn, i am stoked

Sold all of my stocks and put a good amount in

[shamzblueworld]

At the moment 'NO'. And I don't think one should put all their money in btc/crypto either, two reasons come to my mind, one, it is very risky, you can lose a lot too, and secondly it will be quite expensive to use. So may put all your saving in btc or put 50% of your wealth in btc, but not the amount you're gonna need to use tomorrow or the day after. Because I feel to earn some valuable profit with such big investments, it has to be long term and for that, it shouldn't be all of your wealth but all that you can live without for a while.

[slaman29]

I have almost 0.01 bitcoin and I know it is a small amount but since I started saving my satoshi around December last year, I am actually quite proud to achieve this amount which is now more than $10.

To put this into perspective: it is more money than in my bank account. I am over 30 years old. I never made much savings. So in a way, if I even just continue saving a little like now, it is most of my savings. (To put into another perspective, minimum wage in my country is $184 dollars, and my job is almost $240).

My target: have 0.24 BTC to match my salary!

[pooya87]

dear taxman i have x% of my money in bitcoin and have not been paying my taxes, i am declaring this on public forum that a lot of you 3 letter agencies are watching so you can come after me and screw me over. thanks for your services. <3

[JanpriX]

I started investing to stock market in my country and after a year, I stumbled upon to cryptocurrency. When I learned about the basics of it, I just transferred all my money from stocks to crypto. This huge decision for me is now making me more money than the stock market provided. I still have ample amount of money in fiat but I can say that 30% to 40% of my fortune is in crypto right now. Understanding the risks is very important and I have exit plans in different scenarios that might occur in the future.

[KennyR]

I don't think that every user makes their entire investment on bitcoin, because it is really annoying at times when price falls unexpected. So it's good to have our investment in different forms to compensate the lose with one another and be profited on holding it for a long time period.

[ubercool]

Most of my savings are in fiat or investment funds and as it was a long term plans I dont intend to break them and put that money into BTC or altcoins. So whatever I earn in BTC, I just keep it in BTC for my future. So it might be like 1-2% of my total savings.

[coynedterm]

Or is it just me lol?

Can't complain thesedays, fat stacks just getting fatter  

No , not you are alone . My one of friend of India have invested his full life savings in the bitcoin  .
Recently the posw coin got famouse then he decided to Invest his bitcoin in the posw coin and then he Invested about 3 BTC ,now he had 10 BTC for his Investment profit .
Since he had not told me before the Investment but after the bulk return profit he told me about his this story of Earning .
So here now I am also looking to turn my all saving into the bitcoin but currently the price seems very high , so I am waiting for the perfect timing .
And why not in the cryptocurrency a word is big famous in my friends community " risk is a part of earning , if you will take risk than you will make money " .

[tleilaxu_eyes]

If you're asking if anyone is as confident in Bitcoin as you are, the answer will be no 95% of the time. People know to not invest more than they can afford to lose. Also, if you lose your credit card, there's no worry because you're covered. If you lose your wallet's passphrase to someone else... Irreversible loss.

[pooya87]

If you're asking if anyone is as confident in Bitcoin as you are, the answer will be no 95% of the time. People know to not invest more than they can afford to lose. Also, if you lose your credit card, there's no worry because you're covered. If you lose your wallet's passphrase to someone else... Irreversible loss.

we are all confident in bitcoin as a technology since we see the code and many understand it, we are confident in bitcoin as a payment system aka as a currency that we can use to pay for stuff online. but none of these have anything to do with the price and going all in (95% in) bitcoin because that is about price and price is not something to me sure enough about to do such a thing although history suggests that an all in has been a good idea so far.

[Amph]

even better for me, i didn't had any fiat to begin with, and all my money were generated from altcoin and bitcoin, i keep them here they are much safer than in any bank, i do have a bank account though..

basically 100% crypto but i did dump here and there to buy foods and other stuff that require fiat, still dreaming of a world where i can pay with bitcoin only or some altcoin too

[Meowth05]

I guess all of us dont put all of our money in a investment on cryptocurrency we can see the succes in this aspect but still risky and you will never do to invest all of your money if the btc price quickly go down your money just gone all.

[lionheart78]

I do not put all my money on Cryptocurrency, because I will have a problem when I do that, I still need fiat currency for my daily needs, payment for bills and weekly budget.  I also diversify and invest in different venture outside cryptocurrency.  Probably around 20% of my fiat is allocated to cryptocurrency though I admit it gives me the best return of investment.

[ice18]

Im still planning to put almost 80% of my fiat into bitcoins and altcoins but I'm not really sure about what will happen into this coins in the future need a right decision making from me and my wife coz I dont want to regret in the future I maybe got more profit or may lose..but I trust more in bitcoins and I want to convert my 50% fiat this year...

[DoublerHunter]

I put almost all of my money in bitcoin because i believe that i will not regret it because the price will reach $2000 soon. So i decided to put almost all of my money and buy a lot of bitcoins when it was around 900-1000 USD price and now it is getting closer to 1500 USD mark price so i think bitcoin is doing pretty good and soon i will double my money and enjoy it .

[AngryDwarf]

dear taxman i have x% of my money in bitcoin and have not been paying my taxes, i am declaring this on public forum that a lot of you 3 letter agencies are watching so you can come after me and screw me over. thanks for your services. <3

I suppose it depends on your jurisdiction or your willingness to participate in evasion. Bitcoin is not an interest bearing instrument, so there are no taxes to be paid on interest. If I buy something with BTC, the merchant will slap sales tax on the cost of the purchase. If I exchange my BTC for fiat, I may or may not be liable for capital gains tax. Taxes paid or not applicable.

[xuan87]

I think there are a lot of people put all of their investment into bitcoin or alt coin because it is very profitable for now, most of the coin I saw got a good rise and some of them rise 20% in a day, but I don't put all of my money to crypto because I don't like to take risks I only put the amount that I can afford to lose which is not more than 50% of my wealth