how much of your life savings is invested in BTC?

[600watt]

i started in 2011 with just 5%.

in april 2013 i cashed out housing savings plan and went "all in" with 50% of all savings.

since 2nd half of november btc investments grew so much it dwarfed all gold and stock investments and is now at 90%.

[piramida]

"How much ... is invested ... ?"  !=  "How much ... did you invest ... ?"

very important distinction

it definitely is, I invested a minuscule portion of my money in 2011 and by now it's grown to be pretty freaking comparable with the rest, even though the rest has grown in that time, too. If bitcoin grows another order of magnitude, I'll have to seriously rebalance.

[mb300sd]

I was worth $1000 before BTC. So approx 100%.

[myself]

0

[ErisDiscordia]

invested around 3% of my savings. Due to the growth in price of Bitcoin and the decline in price of gold and silver (another significant part of my savings) it now represents more than 50% 

[Johnny Bitcoinseed]

if your smart, you first invest in beans, bullets and bandaids.

Enough for you and your family for at least a year.  Three years is better.

ONLY then, invest in Bitcoins, gold, silver, etc.

When the coming crash occurs, you can eat the former.  The later is just wealth preservation.

As for me, maybe 5%.  Which puts me in the top ten K or so.

Most of you won't listen to my advice.  One day in the not too distant future you may be paying all you have for just one meal and then have to beg borrow or steal to stay alive.

Some of you will laugh now, at what I am telling you.  Much as many people are laughing about bitcoin.

Over and out.

[TERA]

During the rally I was using margin so 200% of it.

When I first entered bit coin I only used 10% of my savings, but it quickly grew to become 95%.

I just withdrew 4% of my btc money and it tripled my fiat savings back on earth.

[piramida]

if your smart, you first invest in beans, bullets and bandaids.

and move away from a large city I must add, as no bullets or bandaids would save you there.

[Ibian]

if your smart, you first invest in beans, bullets and bandaids.

and move away from a large city I must add, as no bullets or bandaids would save you there.

And western countries. The collapse of social utopias are never peaceful.

[Johnny Bitcoinseed]

Agreed.  Rural South America looks better and better.  Go south young man, go south.  Chile comes to mind.

[humanitee]

Agreed.  Rural south america looks better and better.  Go south young man, go south.  Chile.

How much does it cost to buy 20 acres there?

[Johnny Bitcoinseed]

Much cheaper than Europe or USA/Canada.  Get yourself some fertile farmland, hire some hands to manage it.  You will always eat, come what may.

That was the secret of my Grandparents during the Great Depression - lived on a small farm in NH and never went hungry.  Homeless would drop by and ask to split firewood, work in the barn in exchange for a meal and warm place to stay.

Note to city boys: You cannot eat paperwork.  Never disparage a farmer with your mouth full - it is bad manners and reveals your true ignorance as to where your sustenance comes from.

[piramida]

Chile in fact does look good. That or Australia, depending on the budget.

[Ibian]

Chile in fact does look good. That or Australia, depending on the budget.

Forget australia. Might not look it on the surface, but it will fall with the rest of the west. In fact, I would not want to be anywhere near america, either one of them, when things head south.

[Johnny Bitcoinseed]

Well one problem with Australia is its proximity to the sleeping giant known as China.

Another advantage to the southern hemisphere is its lack of nuclear power plants.  Imagine a grid down situation in the USA and Europe, where the nuclear power plants go Chernobyl and Fukishima - by the dozens.  An interesting situation to say the least.

If you look at a map of wind patterns, the Northern and Southern Hemispheres of the planet earth do not mix much.

Go south young man, go south.

As for me, I am a relatively old man compared to many of you, in my 50's.  This is my home in these moutains in the USA - I am here to stay and make the best of it.

A word from someone who has lived and seen life: If I were young and full of bitcoins just starting out, I'd go to Chile, buy a farm in the mountains, and start fresh in what is now the freeist country on earth with the greatest potential and natural resources.

note to knuckleheads: no, America USA is NOT the freeist country on earth.  That is soooo twentieth century.

[Spaceman_Spiff]

note to knuckleheads: no, American is NOT the freeist country on earth.  That is soooo twentieth century.

inb4 intro from "the newsroom"

[protokol]

During the rally I was using margin so 200% of it.

When I first entered bit coin I only used 10% of my savings, but it quickly grew to become 95%.

I just withdrew 4% of my btc money and it tripled my fiat savings back on earth.

Well I didn't have any savings but I borrowed a bit off some people and some banks (interest free overdraft), bought a bunch of BTC at £40 and spent about a british grand on a mining rig a few months later. I voted 100% - Although I didn't use "savings", I was looking at the process as an investment, and lived quite basically for a while to repay the debts.

I'm doing OK. Wish I'd accumulated some more when I was actively using them at £5-10, but I count myself lucky after reading some of the horror stories of lost coin stashes etc...

[Shermo]

I went all in a bit back, now my Bitcoins are worth about the same as half my current capital in my mortgage

[snakebit]

Agreed.  Rural South America looks better and better.  Go south young man, go south.  Chile comes to mind.

Funny you said that...I've been looking at Chile myself. I even suggested it here https://bitcointalk.org/index.php?topic=354227.0

I'm very impressed with Chile so far. It's the new first-world country. Modern roads, low taxes, clean water, good sanitation, almost any climate you can imagine from desert to rainforest. California upside down.

[protokol]

Agreed.  Rural South America looks better and better.  Go south young man, go south.  Chile comes to mind.

Funny you said that...I've been looking at Chile myself. I even suggested it here https://bitcointalk.org/index.php?topic=354227.0

I'm very impressed with Chile so far. It's the new first-world country. Modern roads, low taxes, clean water, good sanitation, almost any climate you can imagine from desert to rainforest. California upside down.

California upside-down but with comparable, if not better wine 

Sounds good, I fancy living off the grid somewhere someday, Chile would be a nice choice. Good surfing too!!


mmmm Glassy clean Chilean point break lines > dirty Silk Road lines