I just realized I'm 99.9% crypto and 0.1% in fiat

[thecodebear]

I knew I was right around 99% crypto, but I actually took a second to calculate it and I'm only 0.1% fiat, 99.9% crypto right now! Granted I'm very low on cash right now haha, gotta cash out a couple thousand dollars worth of staking rewards to pay expenses this month, and generally I want to keep 0.5% in cash for my emergency fund.

But this just got me thinking, for anyone willing to share (just percentages, no raw numbers) where do your net worth crypto/fiat/anything-else percentages stand? Anyone else gone full bore into crypto as I have?

[1715195723]

1715195723

[1715195723]

1715195723

[jackg]

I kept rebalancing until this year (decided my crypto means more to me if I withdraw a bit in physical cash) so I'm 89.17% crypto, the rest is stocks and a tiny amount of cash.

I did start off with a 30:70 split crypto to stocks in 2019 - I think.

I'll rebalance again when (or if) we hit $300k.

[thecodebear]

I kept rebalancing until this year (decided my crypto means more to me if I withdraw a bit in physical cash) so I'm 89.17% crypto, the rest is stocks and a tiny amount of cash.

I did start off with a 30:70 split crypto to stocks in 2019 - I think.

I'll rebalance again when (or if) we hit $300k.

89.17% in crypto....very impressive! I commend you on your crypto stash. You're doing crypto right.

[dmhco]

I knew I was right around 99% crypto, but I actually took a second to calculate it and I'm only 0.1% fiat, 99.9% crypto right now! Granted I'm very low on cash right now haha, gotta cash out a couple thousand dollars worth of staking rewards to pay expenses this month, and generally I want to keep 0.5% in cash for my emergency fund.

But this just got me thinking, for anyone willing to share (just percentages, no raw numbers) where do your net worth crypto/fiat/anything-else percentages stand? Anyone else gone full bore into crypto as I have?

Both you and the U.S. Treasury Dept.

[Fundamentals Of]

I am definitely more than 10% cash, probably around 15%. The rest is in crypto. But there are also other investments. I don't include them since they are not money. In terms of money I have 15% fiat and 85% crypto. And this is so because I have my plans and my regular expenses. Sometimes there are also other expenses which come out of nowhere, those sudden spending. I need to have an amount in cash which is available any time.

[suchmoon]

Not sure how I would calculate this properly... does the house count as fiat? Minus mortgage? But with the latest bullrun I'm probably around 40:60 fiat:crypto split, which is kinda meh since it could become 10:90 or 90:10 pretty much overnight. The more important part is whether you have the capacity to survive the volatility, which I didn't when I started and I sold way too many bitcoins between 2014-2018. Now I'm good to hodl.

[Yaunfitda]

I knew I was right around 99% crypto, but I actually took a second to calculate it and I'm only 0.1% fiat, 99.9% crypto right now! Granted I'm very low on cash right now haha, gotta cash out a couple thousand dollars worth of staking rewards to pay expenses this month, and generally I want to keep 0.5% in cash for my emergency fund.

I think majority of us here are into crypto, I'm also all in but would withdraw if needed basis only. Sometimes I will borrow money from friends in bitcoin is down,   and then would have pay them if at least I know that I profit some and then cover my loans.

But this just got me thinking, for anyone willing to share (just percentages, no raw numbers) where do your net worth crypto/fiat/anything-else percentages stand? Anyone else gone full bore into crypto as I have?

I'm not bored by any means, I have a goal, in the next 4-8 years so just as what others say, in order to be successful to have to stick to the plan and that is what I'm doing.

[philipma1957]

Well maybe below is a good set of numbers for the ratios.

mining gear .........  40%
crypto coins .........  40%
cash..................... 15%
metals..................  5%
debt ,,,,,,,,,,,,,,,,,,,,  0%.



I guess I get to count my gear as crypto.
I put in debt as I use it to leverage the mining gear. Right now all the gear is paid off so zero debt.


Over the next six months
mining gear will shrink
crypto coins will grow
cash shrink
metals shrink

[mk4]

mining gear .........  40%

Damn. That's quite a huge allocation on miners. Tell you what, I know a dude that's interested in buying bitcoin mined outside of China.. /s [context]

[Kittygalore]

Good for you that you can go for 100% bitcoin if the government and financial sector allows, I am pretty sure that you are a lucky one because from where I live, bitcoin and crypto detractors are in the higher position so it is near impossible to do that. Maybe I am around 30% bitcoin and the rest is probably fiat.

[peter0425]

I prevent myself from looking to this perspective , yeah sometimes i am short iN Cash but i keep on Looking to other option than checking my Crypto wallets , You Know why?

because i Invested in coins that really Pumping these days and withdrawing or converting them is really not a good idea.

And Staking ?lol i staked my coins in Time staking in which i will need to wait certain time before i can take my stake 

[Reid]

I got kids, I always need cash near me. 
70:30
That's good enough for me or else someone will be mad for not having money in our physical stash.
A problem if your partner is not ecstatic about cryptocurrencies. Yeah, she likes the stories of how I can make more $ but it's better if she will see it in cash. 
It's okay for me, it's always better to be ready, accidents happen and you don't know when it will come.

[Poker Player]

In my case around 65% index funds/stocks, around 33% BTC 2/3% cash. I don't know if we should count RE here but so far no one has included it in their explanation. I recently saw a video about Billionaires which was mainly about them having only 1% of their net worth in cash. It is normal, if we think that cash is trash that depreciates at a high speed.

[Ararbermas]

At this point my priority is crypto and its about 90%., because i dont want to miss all the opportunity that comes from it while market still at the bullish trend, but yes i need cash but only for my daily expenses, wherein no more reason to cash out some cash.. It doesn't matter if i don't have cash left on my wallet, indeed my virtual wallet is most secured than my physical wallet . Lol ..

[Ludmilla_rose1995]

I knew I was right around 99% crypto, but I actually took a second to calculate it and I'm only 0.1% fiat, 99.9% crypto right now! Granted I'm very low on cash right now haha, gotta cash out a couple thousand dollars worth of staking rewards to pay expenses this month, and generally I want to keep 0.5% in cash for my emergency fund.

But this just got me thinking, for anyone willing to share (just percentages, no raw numbers) where do your net worth crypto/fiat/anything-else percentages stand? Anyone else gone full bore into crypto as I have?

For this year it looks like I am using more crypto than fiat. because in previous years (2018-2020) I completely only used fiat in all forms of payment. Because in that year I didn't want to give away my crypto. I just save and keep steaming. But this year, I used crypto for electricity, water, etc.

In essence, when crypto value is cheap, I feel like I have to pay dearly for everyday life. But when crypto has a high value like today, I feel for daily necessities it is very cheap.

[STT]

The house counts as an asset and the mortgage is unknown cost, ideally you will have a fixed interest rate because the situation could spike but invariably the face value on the debt does not reflect true cost as we know money is going to lose alot of value at this rate over a long term hence normally why rates would be rising.
    Portfolio balancing is counter intuitive and it will never perform as well as gambling it all on your best bet, sometimes that will do best like now an asset class comes out of nowhere and is constantly dismissed till fairly recently.   Now its accepted that has to be the tail end of 'near term' speculative gains I guess, longer term hopefully further expansion and development occurs but the idea to balancing value is you meet future costs.   The highest worth for cash is security not wealth exactly which is why strange things unexpected things can happen when governments are biased into volatility over security in regulation of currency.
  I'd say silly things like 1% gold and so on which leads to arguments on theoretical usage and future prospects but for security over speculation its hard to argue against just paying off an asset which houses you every day.   Land, gold, water and just whatever long term prospect you can think of is the ultimate destination for alot of speculative wealth short term.

[thecodebear]

For those of you asking about real estate, yes absolutely include that. Just include it as the value of the real estste minus the amount you still have to pay.  Im talking all assets in this thread: cash, crypto, real estate, stocks, bonds, metals, whatever else you got. I just happen to not have anything other than crypto and cash.

[LogitechMouse]

I knew I was right around 99% crypto, but I actually took a second to calculate it and I'm only 0.1% fiat, 99.9% crypto right now! Granted I'm very low on cash right now haha, gotta cash out a couple thousand dollars worth of staking rewards to pay expenses this month, and generally I want to keep 0.5% in cash for my emergency fund.

I know that putting most of your money in crypto is a good idea since we are in a bull run but what will happen to you if the bull run ended and the bear market starts and your money are still into crypto?
Cashing out or taking profits isn't a bad strategy especially if you are happy with the profits that you have. As for me, I will take profits gradually until I reached the point where I already cashed out already. I will hold some Bitcoins and other altcoins still but will cash out a huge portion of it overtime.

But this just got me thinking, for anyone willing to share (just percentages, no raw numbers) where do your net worth crypto/fiat/anything-else percentages stand? Anyone else gone full bore into crypto as I have?

Right now, I'm 90-10 with crypto at 90% and fiat at 10% but in the next months like I said I will gradually take profits and put some into fiat so in case the bear market will happen I have some fiat to use to buy cryptos .

[FanEagle]

I knew I was right around 99% crypto, but I actually took a second to calculate it and I'm only 0.1% fiat, 99.9% crypto right now! Granted I'm very low on cash right now haha, gotta cash out a couple thousand dollars worth of staking rewards to pay expenses this month, and generally I want to keep 0.5% in cash for my emergency fund.

But this just got me thinking, for anyone willing to share (just percentages, no raw numbers) where do your net worth crypto/fiat/anything-else percentages stand? Anyone else gone full bore into crypto as I have?

Believe me or not; I am 100% in crypto and 95% in bitcoins and the renaming are in altcoins and out of that I may hold 0.5% in stable coin as I am making use of stablecoin for P2P transactions. My employer pays me in bitcoins and my signature campaign earning is on bitcoin hence obviously all my networth are in crypto. But the properties and some stocks which I got by inheritance are my other saving which I never consider as liquidate things for any emergency need.

I am able to convert my bitcoins into fiat in less than 2 minutes which is another reason why I keep all my saving in bitcoins. I just cash out whenever I need money to pay my bills and  for any other expenses. People are debating about bitcoin to replace banking system but in my view it is already started happening in my life.

[Lucius]

In my case, 80% is in crypto, which is definitely risky - but I don't prefer to have more cash than I need for all the basic necessities of life - and keeping cash in banks doesn't make sense to me at all. In addition, I can always sell crypto if I need it, so I am convinced that the risk that crypto has is well worth it.

Damn. That's quite a huge allocation on miners. Tell you what, I know a dude that's interested in buying bitcoin mined outside of China.

I may be wrong, but philipma1957 is mining some altcoins - at least that's how it seemed to me from his posts - but I don't understand why anyone would differentiate between virgin coins from China and from anywhere else, they are still virgin coins. When I looked at the context it became clear to me, but I consider it one big nonsense.