Should couples invest in Bitcoin together or keep separate portfolios?

[pinggoki]

This question shouldn't even be the first thing that you ask for with your couple or partner because it creates an avoidable rift between you two, probably the best thing that you can do in financial situations like this is if you're communicating your perspective with your partner and them doing the same thing, most of the time, you can agree on something eventually and at the same time it helps with compromises and future arguments are prevented because you're both in it and you've both agreed with the terms of how you will invest. For me, this question is heavily reliant on what's the agreed upon financial philosophy of the couple because both have their very convincing pros and cons and if it's up to me, I think a joint account for investing is for the best because it helps your relationship, more things open means less lies you can tell and it's not a really good idea to lie in your finances as a couple because it's a crucial thing in any relationship.

[serjent05]

This depends on the culture of the couple.  In my country, couples tends to share financial responsibilities and investments so it is normal to have a shared portfolio when it comes to Bitcoin investments.  But for self-centered and self-preservation, some couples keep their asset on their own. 

So for me either can do as long as the couple is convenient in what they are doing.  As for my perspective, I think I will have a shared portfolio with my wife since what's mine is also hers.

[knowngunman]

However, one big concern is security. If both partners got access to the same wallet and one of them falls for scam, all their Bitcoin could be gone forever.
Another issue is inheritance planning. If Bitcoin is held private by one partner and they pass away sudden without sharing access, the other one might struggle to get back the funds. And what if the couple ends up divorcing? That could turn into a whole different mess.

The issue of couples managing digital asset together is a decision of choice and mostly by tradition. Not every tradition do such practice especially when the source of family income is one sided. Trust is very vital for this practice to succeed. Among the concerns you mentioned up there, only death is the pressing concern as it may lead to lose of entire assets if care is not taken.

The issue of one person falling for a scam is a minor concern because I believe one party should notify the other party before taking any action that concerns the wallet. Unless they are both dumb, they can't really be deceived at the same time. Divorce is a lame issue here. Property/assets will be shared after the divorce and each party can go ahead to set up a different and separate wallet afterwards. Nothing is messy actually 

[Judith87403]

This depends on the culture of the couple.  In my country, couples tends to share financial responsibilities and investments so it is normal to have a shared portfolio when it comes to Bitcoin investments.  But for self-centered and self-preservation, some couples keep their asset on their own. 

So for me either can do as long as the couple is convenient in what they are doing.  As for my perspective, I think I will have a shared portfolio with my wife since what's mine is also hers.

Though you may be right but I think it depends on the kind of woman you got married to, that's if she's not this type that easily get carried away by material things. Because those woman who are used to all this flashing things can easily ruing our investment plans maybe when they need some money to get some stuffs, and it happens to be that you don't have any money to give to them in the initial time. You know for some woman they will just decide to dip there hand in your portfolio to get those stuffs which she desired for, I know all woman are not the same which is why I Said that it depends on the kind of woman you got married to. However, if your wife is quite different from this set, of course you're free to share your portfolio with her.

[davis196]

In traditional finance, married couples usually opens joint bank account to manage money together. But when it comes to Bitcoin, things are are not always that simple. Should partners share a Bitcoin wallet like a joint bank account, or is it more smarter to just keep separate portfolios? A shared Bitcoin wallet helps builds transparency and can strengthen financial trust in a relationship. However, one big concern is security. If both partners got access to the same wallet and one of them falls for scam, all their Bitcoin could be gone forever.
Another issue is inheritance planning. If Bitcoin is held private by one partner and they pass away sudden without sharing access, the other one might struggle to get back the funds. And what if the couple ends up divorcing? That could turn into a whole different mess.

"Traditional finance"? There's no such thing as traditional finance in the country, where I live. All people open individual bank accounts. There's no such thing as a "shared bank account" or "shared portfolio" between a husband and his wife in my country. I guess that you are living in a country where the patriarchy is still strong. Anyway, you are basically answering your own question here. If one of the married couple falls for a scam, the money(or crypto) are gone. If the couple ends up divorcing, both will get a half of their "shared wealth" despite whoever contributed more for gathering that wealth. This is one of the main reasons why I don't want to get married.

[letteredhub]

Having a partnership investment in bitcoin as couples isn't a bad idea  if they're a couple that understands each other and trust exists in between... However, times have changed and now a lot of women wishes to have their own personal business they run and giving them an opportunity to have their own personal bitcoin portfolio would be encouraging as an investment for them.

Apart from the fear of separation, security compromise from one partner and other associated concerns, I don really embrace the idea of couples having one bitcoin portfolio together. One partner could pressure the next out of personal FUD to sell suddenly even when the other partner is looking towards long term hodling and not wanting to sell short.

[Donneski]

In some cultural beliefs, couples are considered to be two different souls that are forever bound together in love and living and at such should share almost everything together. For people with such belief, investing together in Bitcoin isn't a bad idea but for people who believes that couples are two different bodies that cohabit but are very free to engage in different activities individually, it's also not bad for them to invest separately.

These days, divorce in marriages are very common which is why I won't advise any couple to invest together. In a case where the investment funding is coming from both parties, I'll suggest they share the funds appropriately and invest in their individual wallets.

[Dailyscript]

This depends on the culture of the couple.  In my country, couples tends to share financial responsibilities and investments so it is normal to have a shared portfolio when it comes to Bitcoin investments.  But for self-centered and self-preservation, some couples keep their asset on their own. 

So for me either can do as long as the couple is convenient in what they are doing.  As for my perspective, I think I will have a shared portfolio with my wife since what's mine is also hers.

Though you may be right but I think it depends on the kind of woman you got married to, that's if she's not this type that easily get carried away by material things. Because those woman who are used to all this flashing things can easily ruing our investment plans maybe when they need some money to get some stuffs, and it happens to be that you don't have any money to give to them in the initial time. You know for some woman they will just decide to dip there hand in your portfolio to get those stuffs which she desired for, I know all woman are not the same which is why I Said that it depends on the kind of woman you got married to. However, if your wife is quite different from this set, of course you're free to share your portfolio with her.

Desperate women are common these days. This explains all you have been saying here. In other to avoid such thing to happen to your portfolio there should be a two father authentication for security purposes. One security should be her email and the other should be connected to your google authentication our local mobile number. Through this way either of you cannot access to funds without the notice of the other party. Your wife can withdraw fro the portfolio if you are not aware and you either cannot withdraw too.

[Mrbluntzy]

Depending on the spark, respect, commitment, trust, and understanding that is built in the relationship, that's what will determine whether the man should even agree whether he must save his Bitcoin with his wife or not. Women are being intentionally wicked these days in their marriages and relationships and with such situations that is more repetitive these days it has put a doubt in my heart to wonder if women can even be trusted or not because majority of women are with a man because of the money and when there arisen any minor issues, they will rush to file for divorce because they know what they stand to gain from the man's wealth and if they know everything about the man, they will know too much of how much the man got in his bank account and how much worth of Bitcoin they get. Personally, I would not save my coins in same wallet with my wife and if she is a Bitcoin lover too, let her keep her coins to her self in her own wallet.

[alastantiger]

Another issue is inheritance planning. If Bitcoin is held private by one partner and they pass away sudden without sharing access, the other one might struggle to get back the funds. And what if the couple ends up divorcing? That could turn into a whole different mess.

For inheritance purposes your partner should have some kind of way they'll get access to your wallet when you pass away. It can be through will or any other methods that this can be done as entrusting your partner with your private key can be dangerous from the beginning. Here's a solution from me, both partners have their sperate wallets and also have a joint wallet that they'll need eachother to make transactions from.

This is exactly how we have joint account for couples in the banking system. There's lots of scam that any of the spouse can get into because of their lack of being cautious hence only having a joint wallet without individual wallets can be a problem for the family when one of them because careless. Apart from having Bitcoin, the couple can have alternative investment that can be passed on incase of death.

[Helena Yu]

In other to avoid such thing to happen to your portfolio there should be a two father authentication for security purposes.

One security should be her email and the other should be connected to your google authentication our local mobile number. Through this way either of you cannot access to funds without the notice of the other party. Your wife can withdraw fro the portfolio if you are not aware and you either cannot withdraw too.

I don't think this one is good, it means you're hold your coins in centralized exchanges, CEX isn't a safe place to hold a lot due to prone of getting hacked or bankrupt. Even the exchange require email verification and 2FA code to access your account, but there's still a way to access if you lost one or few login credentials. It's contacting the customer service and ask how to change the 2FA/email.

It's possible, as long as you have all the login credentials and know exactly about the account, you will able to regain access.

[Wexnident]

~

Uhm, prenup? If they decide to talk it out together, then that's usually the most foolproof plan. Unless ofc as you said, they have their own separate wallet and in that case, then I don't think it matters much. I mean I hardly doubt the partners would know the others' wallets, would be kind of weird to have 2 separate wallets if they did that. And as for any issues or risks that happen because of them (or their idioticness), again, prenup should handle that imo.

As for inheritance due to passing then yeah, that's definitely an issue. The most likely case is the wallet being forgotten really but if they have access to everything the passing partner had, I reckon with a lot of effort they can probably get it back. Most would probably just slap it in a notepad and save it on an external hdd or something anyway. I reckon rare are those who'd leave it in a puzzle.

[Reatim]

In traditional finance, married couples usually opens joint bank account to manage money together. But when it comes to Bitcoin, things are are not always that simple. Should partners share a Bitcoin wallet like a joint bank account, or is it more smarter to just keep separate portfolios?

why not just both? usually married couples have shared money that they can use for the family and then they also have money of their own in which they can use to anything they want

i believe that that is the most ideal scenario here just because you are married does not mean you can't invest on your own as well we still need individuality and privacy even when married so if you could afford to do so then just have both the joint and separate portfolio but know that everything is for the better of the family

[peter0425]

This is a complicated situation where only the two of you can talk about it and come to  respectable conclusion and agreement. If both of you are working and you want to keep some of the money for yourself and put in bitcoin then why not?

Regardless if it is in bitcoin or not, you would really need a joined account anyway where expenses will be paid from. You should talk to your partner if they are okay with this investment being from both of you. I do not see any problem with having the same portfolio if both of you are or will be contributing into the investment anyway.

[DanWalker]

~snip~

Though you may be right but I think it depends on the kind of woman you got married to, that's if she's not this type that easily get carried away by material things. Because those woman who are used to all this flashing things can easily ruing our investment plans maybe when they need some money to get some stuffs, and it happens to be that you don't have any money to give to them in the initial time. You know for some woman they will just decide to dip there hand in your portfolio to get those stuffs which she desired for, I know all woman are not the same which is why I Said that it depends on the kind of woman you got married to. However, if your wife is quite different from this set, of course you're free to share your portfolio with her.

But I want to ask you, if you know your lover likes flashy things, she is easily caught up in material things, not putting love for you above those things. Why did you choose her as your wife in the first place and put your trust in such a woman? It was clearly your fault, you brought this upon yourself when you insisted on marrying her even though you knew she wasn't the faithful type.

I find it amazing many people like to badmouth women or look down on them. I wonder, those who are badmouthing and doubting these women, are they married and experienced or just watching movies and imagining these things? Or are there cultural differences between countries? Because i'm married, and most of my friends are married and none of us have ever experienced the things that some people here are imagining. Not all are good people but most women, wives in my country are not as bad as many people say here.

[gunhell16]

In traditional finance, married couples usually opens joint bank account to manage money together. But when it comes to Bitcoin, things are are not always that simple. Should partners share a Bitcoin wallet like a joint bank account, or is it more smarter to just keep separate portfolios? A shared Bitcoin wallet helps builds transparency and can strengthen financial trust in a relationship. However, one big concern is security. If both partners got access to the same wallet and one of them falls for scam, all their Bitcoin could be gone forever.
Another issue is inheritance planning. If Bitcoin is held private by one partner and they pass away sudden without sharing access, the other one might struggle to get back the funds. And what if the couple ends up divorcing? That could turn into a whole different mess.

Maybe it's better to be separate because, because you don't put your eggs in one basket only, not because you don't trust your husband but it seems like he just keeps or values ​​the bitcoin that you will save for the future of the family that you have.

Because this is what I do with my husband, although he saves other altcoins like fiat that he just saves then holds for the long-term, because he doesn't know much about trading activity but he just buys, and this is the only thing I teach him how to deposit and withdraw from the exchange just so that at least he knows what to do.

[MarryWithBTC]

Yeah probably having the separate wallets would be the way to go for sure, but for me this isn't a reality because I am really the only one that is into Bitcoin. I wish my wife had the interest and the want to invest into bitcoin or really even learn about it and I try my best to make it interesting but i'm always met with a lack of interest. I have taken it upon myself to educate her on the basics but it is difficult when someone just doesn't really have the drive or really care about it as much as you do, ya know? Maybe she will come around, eventually!

I don't understand why your wife will not be interested in bitcoin. This is risky to my understanding. Your wife should be able to pick interest in what brings money, unless you have an offline business which brings major money and your wife is just interested in that one. If you are able to tell your wife bitcoin related stories, what happens amongst your crypto friends, what happens here in the forum, the mysterious nature of bitcoin creator, the pizza story and more, she will eventually become interested. That was the method I used to get my spouse interested in bitcoin.

[NotATether]

why not just both? usually married couples have shared money that they can use for the family and then they also have money of their own in which they can use to anything they want

i believe that that is the most ideal scenario here just because you are married does not mean you can't invest on your own as well we still need individuality and privacy even when married so if you could afford to do so then just have both the joint and separate portfolio but know that everything is for the better of the family

A joint bank account in Bitcoin would be called a multisig wallet.

Just make two keys, give one to each spouse and set up a 2-of-2 configuration where both keys are required to sign off any transaction before it can be spent, and suddenly you don't have these problems anymore.

[Koadharber]

In traditional finance, married couples usually opens joint bank account to manage money together. But when it comes to Bitcoin, things are are not always that simple. Should partners share a Bitcoin wallet like a joint bank account, or is it more smarter to just keep separate portfolios? A shared Bitcoin wallet helps builds transparency and can strengthen financial trust in a relationship. However, one big concern is security. If both partners got access to the same wallet and one of them falls for scam, all their Bitcoin could be gone forever.
Another issue is inheritance planning. If Bitcoin is held private by one partner and they pass away sudden without sharing access, the other one might struggle to get back the funds. And what if the couple ends up divorcing? That could turn into a whole different mess.

Since my wife doesnt know about crypto then i dont really have any problems in regarding to this but eventually everything on which i do is really that because of them or simply i've been doing these investments for the benefit of the entire family. Somehow, she do knows about of my files whenever i do pass away on which i do make out some explaination about it and since she doesnt care about on what i've been holding or really that up to then its not really that much of a problem for me.

In the opinion in regarding separate portfolios then it does have that different pros and con's too on which just like on what been mentioned above. If you are the husband then it will be that up to you whether you do share it up or not. It all matters about the agreement in between and having that trust on which i do say that this is the main factor on where people should really be that reconsidering about. There are really just that couples that been thinking up about money.

[Faisal2202]

In traditional finance, married couples usually opens joint bank account to manage money together. But when it comes to Bitcoin, things are are not always that simple. Should partners share a Bitcoin wallet like a joint bank account, or is it more smarter to just keep separate portfolios? A shared Bitcoin wallet helps builds transparency and can strengthen financial trust in a relationship. However, one big concern is security. If both partners got access to the same wallet and one of them falls for scam, all their Bitcoin could be gone forever.
Another issue is inheritance planning. If Bitcoin is held private by one partner and they pass away sudden without sharing access, the other one might struggle to get back the funds. And what if the couple ends up divorcing? That could turn into a whole different mess.

AFAIK there is a rule introduces in South Korea where they said the wife also owns some part of the BTC or crypto, that husband holds so I guess in some regions people also go for crypto too hehe, like I we have seen many people marry to other person to get access to their financial life by using law which was meant to give safety to a person but it is not being abused in many countries.

It can't be scammed if both use two signatures instead of one and they should keep one half of the phrase each, to maintain the unfortunate incidents like hack etc. like if one's phone got hakced with seed phrase the hacker will get only one part not the full. (Although not a good idea as if one part lost the whole funds would be lost but with wallet still on they can move the funds to another wallet).