Should couples invest in Bitcoin together or keep separate portfolios?

[Outhue]

Blood fights against Blood.

Hatred can emerge among blood brothers, leading them to turn on each other. Betrayal often arises when money is involved. Now you're talking about spouses? I'm not saying love doesn't exist, but we can't truly know what's in each other's minds. People can be cruel; someone you've known well can change drastically in just a matter of days.

The person you claim to love so much can become the one you despise someday. We are all human, and these things happen frequently. Throughout my life, I've witnessed so much that nothing surprises me anymore.

I now always expect the unexpected; whatever unfolds, I am ready to accept it as it comes. There will be no more surprises. So, please, as a couple, do not entrust everything you have to your partner. They may love you today, but they might not love you tomorrow.

[Cityhunter34]

The choice is left for the married couples. While it could help strengthen their relationship especially for newlywed couples, but it could also be an instant way for their break up or separation.

I am pointing out the tendency for misuse of funds or bitcoin since there are actually instances that both couple would have different investment decisions, the other one wants to buy more and hold, while the partner is eager to sell because he is already hunger for profits. This is most likely to happen especially when there is uneven contributions, when one is having more income to contribute while the spouse only makes a lower income.

You are absolutely correct that is the simple truth about it, I think the choice is left for them to decide. Because investing in Bitcoin is a matter of patience and understanding. so just like as you mentioned I think as a newlywed couples investing together might likely strengthen their relationship to be more stronger. But looking at it in other way around humans are not worthy to be trusted, because nobody can tell what would happen at any given time.

[reagansimms]

Every husband and wife have different rules in managing finances, I always give my wife the freedom to manage her money, the point is we try to manage finances separately but remain open with each other regarding the amount of assets that have been collected. My money belongs to my wife and vice versa, but to prevent risky things in the future, we divide our monthly income to save for each of us.
So far, there have been no problems whatsoever with the way we manage our assets, but to anticipate asset loss, my wife and I have agreed to share private keys with each other, but not to spend each other's assets.

[BenCodie]

I think one portfolio that is designated as the family savings account (designed for generational wealth building) and 1 - 3 more for individual/joint spending would give the most flexibility. The younger the relationship, the less I recommend it. I'd only recommend it with a partner that you know you will be with for life, definitely not a new relationship (should be obvious).

[Zanab247]

BTC is an asset anyone can invest traditional money to have opportunity to earn good profit in the future, which couple can also invest to have asset that will increase them financially in the future. Any good thing is not easy to get the knowledge but once you have the knowledge you will surely be successful in that particular asset.

The couple will have one wallet to store their BTC and have the seeds phrase written down for security purpose, and if anyone want to know the rate of the BTC in the wallet, he or she will login to the laptop or phone to check because as couple they must not keep secret for each other.

[boyptc]

I don't think there is a need to create trust issues here because having separate accounts is more safe for both of them in every way those have already already said by  philipma1957. So there is no need for both of them to adopt bitcoin in one wallet just for the sake of trust.

This may just be an expression of emotion, but in the long run, I think most of these will be problematic, even if they own a joint wallet by multi-sig wallet. Moreover, it is not the case that if two people hold funds in one wallet, they will get any interest. So I think it is better to have separate wallets to eliminate the risk.

We do agree on that, it's important to have separate wallets for both sake.

Love and trust your partner but do not put all your trust on them, don't be fooled by the display of honesty from any partner, even family are threats to your portfolio, always be active to know what to agree jointly and what to do separately.

Having a joint portfolio isn't a bad thing, there is a way were the wallet can be secured, both partners needs the attention of the other before being able to withdraw from the portfolio, shared wallet can be a preferred option for the partners. They are also free to own different portfolio outside the joint wallet, don't put all you got into one basket, it may fail at the end, learn to diversify your options.

We're seeing in the world how partners are ending. Left and right divorce papers are being done and that's why in terms of assets, we have to separate them.

Trust no one as they say.

What I'm thinking is that if they get angry and talk about this with their husbands, it's probably a lot better than if they do the same thing in silence. What if wives also started to build their own plan B? They will start neglecting housework and children, and look for ways to earn money to build their own savings and investment fund just like their husbands are doing. That will cause family happiness to begin to crack and breakup is inevitable. If the husband can do it, why can't the wife? Has anyone thought about this?

Yes, many men here have the same thought about having a separate account, but I want to know, are these guys married or never married? I would be surprised if any girl married these men when they knew what kind of guys they were.

For both ends, there is an equal thought.

But I think it's because more of the burden are placed on men because we're the breadwinners. And you're right, if men can do what we're thinking, women can do it as well.

[Pmalek]

It would surely be safer to have two separate wallets: one for each partner. In case one partner makes a mistake with their wallet, the other one would remain safe. Unless, of course, they both don't mess up. You mentioned one of the partners falling for a scam in your OP. That can happen with join bank accounts as well. And even though there is a central party (the bank) that has custody of the money, it may or may not recover funds that were stolen due to phishing or similar schemes.

[Sonia_123]

Joint account has caused separation among spouses, It is not adviceable and safe to have a joint account investment for future purpose, because the holder can have an emergency without informing the spouse and decides to use the money, they will both be responsible it can lead to divorce or something else
Having separate Bitcoin investment is  healthy for a couple since their thoughts and manner of investing might be different, and most time when it comes to keeping finance safe and longer women are good at that, Separate portfolio is the best so that everyone should handle their account and use it best for what they want to without answerable to each other, separate account gives room for competition and proper management of finance, even if divorce or death occurs, it will be easier for the other partner to deal with without any  family member interference in your Bitcoin asset .

[Mindyspace]

It depends. If the couple is very close, it would be interesting to share the Bitcoin wallet, especially if they have children. It wouldn't work. For example, I have a boyfriend/husband who wants to grow together. Let's share everything without secrets. But if they are one of those people who don't want to grow in life and who only put you down, I'M OUT. I would much rather have my peace and keep my Bitcoin wallet just for myself. Hehe.

[MarryWithBTC]

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.

Someone came up with a 2/3 multi signature wallet, the problem became who will be the 3rd party. I think the 2/2 is the best solution. The times where problem could arise willbe;
1. Death of one partner
2. Separation of couples
Death of one a partner carries the much worry.

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.

It’s a choice, and the level of trust which you are having with your partner will determine if you and your partner can share the same bitcoin wallet address. I have been in crypto for some time, but my partner doesn’t have much knowledge about bitcoin, so she doesn’t invest in bitcoin, but we are having a joint account. If she is interested in bitcoin investment, then we can just have the same wallet. She is my partner and I trust her, I don’t think she will even make attempt to touch the money.

If me and my partner are in control of one wallet, then I will be the one monitoring the wallet, because I have more knowledge about bitcoin than she does, so I just think it’s going to be difficult for me to scammed. I don’t think there will be any issues when it comes to inheritance, because i will definitely share the seed phrase with her even if I will be the one in control of the wallet.

It stupid to have all your btc in a single spot.

things go wrong
fires
earth quakes
floods
 theft.

if your partner invests and you invest separate accounts are safer.  you could also have a joint account

i have a joint account with my wife and we have seperate accounts.

Near perfect
Have a joint wallet account as partners and that shouldn't stop the individual partners from owning their separate wallet addresses.

Well I am in the USA and the USA has a lot of lawsuits. Having 3 sets of money is important.

joint
wife alone
husband alone.

gives protections from lawsuits to some degree.

I drive
I own the car.
God forbid I hit a person and get sued bigly.

My wife and I will not get wiped out.

Damaged financially yes but wiped out no.

Thank you very much philipma1957, you have been coming with a realistic solution since you joined this conversation. It seems you are talking from the stance of experience and practice.

There is a concern that a user named Issa56 raised above. He said if couples own separate wallets and yet keep the seed phrases in the same house, it is still not safe. In the case of natural disaster, both could be lost. What do you advice on this.

[HelliumZ]

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.

It would be better if the husband and wife kept separate wallets and each stored their Bitcoin in a separate wallet. Storing Bitcoin in a wallet would be more risky because if for some reason someone outside gains access to their wallet, the Bitcoin they have stored will be lost forever. Therefore, by storing Bitcoin separately, if someone's wallet is hacked, the other person will have the opportunity to take precautionary measures. However, the security words of each wallet should be written down carefully in a notebook or in a secure place before using the wallet. This prevents anyone from leaking the security of the wallet.

[Donneski]

Every husband and wife have different rules in managing finances, I always give my wife the freedom to manage her money, the point is we try to manage finances separately but remain open with each other regarding the amount of assets that have been collected. My money belongs to my wife and vice versa, but to prevent risky things in the future, we divide our monthly income to save for each of us.
So far, there have been no problems whatsoever with the way we manage our assets, but to anticipate asset loss, my wife and I have agreed to share private keys with each other, but not to spend each other's assets.

I love the level of transparency in your marriage and the open relationship you both share. It's only an insecure man that'll kick against financial freedom for his wife. I highly recommend allowing wives to own and manage their finance however, it's also very important that they keep their financial activities absolutely open to the husband.
Investing in Bitcoin is one of the best financial decisions anyone can make and because I've got good knowledge about it, I'll advise my wife to also invest in Bitcoin but with her own portfolio while I do mine separately. At the end, we are still going to use the proceeds for the good of the family.

[Yablee0]

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.

You have already stated it all both the advantages and the disadvantages. Everything always have a positive and a negative side effect, bitcoin investment is a very sensitive investment that I wouldn't like  to jeopardize it at the nearest futures.

Having a single bitcoin investment deal is rather considered the best for me, because I wouldn't what to pass through any stress if eventually something happen that can lead to the separation between me and my spouse.

[dezoel]

We do not share our "accounts" together, but we share our expenses together, and whenever we have enough saved up, we spend it together as well. Shared account isn't something that is beneficial in my country, it just makes the tax higher, you earn exactly the same amount, but if it is shared account somehow you pay more because it looks like it's one big income and then you are in a new tax bracket and you pay more.

Stupid rule I know, but if you make 10k a year, you are under 12k a year, which means you pay 15% taxes, and if you both make 10k a year, then total would be 20k, which is over 12k, so you pay 25% tax. Very moronic, but that is why we keep it separate, but we share expenses together, so it is like same account.

[john_egbert]

We do not share our "accounts" together, but we share our expenses together, and whenever we have enough saved up, we spend it together as well. Shared account isn't something that is beneficial in my country, it just makes the tax higher, you earn exactly the same amount, but if it is shared account somehow you pay more because it looks like it's one big income and then you are in a new tax bracket and you pay more.

Stupid rule I know, but if you make 10k a year, you are under 12k a year, which means you pay 15% taxes, and if you both make 10k a year, then total would be 20k, which is over 12k, so you pay 25% tax. Very moronic, but that is why we keep it separate, but we share expenses together, so it is like same account.

I agree. People will invent anything to keep the taxes flowing, the more - the better.
And it's sometimes ridicilious to which extent it goes.

[Strongkored]

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.

The important thing to do before deciding this is to align the mindset and knowledge about Bitcoin, and in my opinion, couples who have Bitcoin and agree to invest in Bitcoin must have understood at least how to store Bitcoin.
Have the same understanding of how to secure Bitcoin and also the same goal of investing in Bitcoin including if the relationship does not go well so that Bitcoin can still be accessed by both and get benefits from the Bitcoin they have, including it in the marriage contract can be a solution and using multisig could be a choice.

[Dunamisx]

If the couples are living well in peace and understand the principles of running a joint account, know more about cryptocurrency, then they both can decide to run a joint account or each party to run a separate portfolio for himself, it's just a matter of understanding and not having a bias mind against each other, two are better than one, if they can work together to achieve a common goal, combining the portfolio or running a separate one does not change anything about what is concerned or at stake, as long as they understand each other.

[pawanjain]

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.

Talking about transparency, all we need is the public address to see the bitcoin transactions.
So transparency is still there if you just share the public address with each other.
In this scenario, it's best to hold the coins in separate wallets to minimize the risk of loss of coins.

[qwertyup23]

This depends on the financial set-up of you and your partner.

Generally when couples enter and engage into marriage without any stipulation to their marriage settlement regarding the division of their property, an absolute community of property is automatically entered to them. This means that any property that is acquired before and after marriage would be presumed to have been contributed by their joint efforts and they shall divide it equally between them. In layman's term, all financials and properties are equal between the partners.

After providing the backdrop above, I would definitely prefer couples to invest in BTC in one joint account for both transparency and equity. If the couples have equal access to the investment portfolio, then they are pretty much aware regarding the value of their BTCs.

If the couples are living well in peace and understand the principles of running a joint account, know more about cryptocurrency, then they both can decide to run a joint account or each party to run a separate portfolio for himself, it's just a matter of understanding and not having a bias mind against each other, two are better than one, if they can work together to achieve a common goal, combining the portfolio or running a separate one does not change anything about what is concerned or at stake, as long as they understand each other.

I agree with your statement.

Like what I have answered above, it really depends on the property set-up between the couples. If you wish to exclude certain areas of properties beyond the reach of marriage, then feel free to have separate investment portfolios. But if you are a couple who prefers to invest equally on everything, then having one joint account would be beneficial in the long-term.

[OcTradism]

Like what I have answered above, it really depends on the property set-up between the couples. If you wish to exclude certain areas of properties beyond the reach of marriage, then feel free to have separate investment portfolios. But if you are a couple who prefers to invest equally on everything, then having one joint account would be beneficial in the long-term.

You can have marriage contract with your spouse or not, but if you both don't have an agreement about your properties, it's safer to have separate investment accounts. I still doubt that according to law for spouse, all properties created during your marriage period will be considered as belong to both wife and husband. I don't know that if you keep separate investment accounts of wife and husband, is it make any sense by law when the spouse separated later and properties should be splited half.

I guess this practice is only emotionally safe but in law, it does not mean anything.