Highest percentage of portfolio that is reasonable to keep in btc?

[Este Nuno]

What do you think is the highest amount percentage wise someone should devote to bitcoin in their investment portfolio?

How much is too much? Even for someone who is not risk adverse?

Does age matter?

[1715596090]

1715596090

[1715596090]

1715596090

[Krabby]

101%

[wachtwoord]

More than 100% is too much (leverage is risky)

[Bobsurplus]

At this point in the game I'm so sold on bitcoin that 85% of my available money is in btc.

[podyx]

100% for sure

gotta spin the fortune wheel, no??

[Krabby]

Just goes to show what stupid bulls we are.

[bangersdad]

Do you really think you will get a serious answer to that question in this forum?  

my advice is to glean as much information as you possibly can on bitcoin and its infrastructure as if you invest in it - and try to determine what % you think it will succeed or fail - and then use this to decide your level of investment.

but if you ask me, then i think the train will be leaving platform number 1 soon - so do not get left behind.

[Bobsurplus]

Just goes to show what stupid bulls we are.

Yeah I guess so eh. I cant wait to look back in ten years, sipping the finest whisky aboard my superyacht!

Everyone here is invited btw. Let's get this party going!

[Bobsurplus]

Do you really think you will get a serious answer to that question in this forum?  

my advice is to glean as much information as you possibly can on bitcoin and its infrastructure as if you invest in it - and try to determine what % you think it will succeed or fail - and then use this to decide your level of investment.

but if you ask me, then i think the train will be leaving platform number 1 soon - so do not get left behind.

My answer was 100% serious!

[Elwar]

Imagine you live in Mexico on the border of the US. You will likely keep your money in two currencies. You have pesos for things you spend money on in Mexico and dollars for things you would spend in the US.

Instead of pesos and dollars you now have dollars and bitcoins. You may need some dollars for things you spend money on that you can't use bitcoins for. Everything else you should use bitcoins.

Use gyft as much as you can. You get a 3% discount just for that simple thing. The fact that bitcoin gained an average of 1% per day last year is something else. Even if the value goes up "only" 10% this year you have gained 13% by using bitcoins for your daily spending when you can.

[cryptnutter]

99 percent sounds about right 

[Swordsoffreedom]

What do you think is the highest amount percentage wise someone should devote to bitcoin in their investment portfolio?

How much is too much? Even for someone who is not risk adverse?

Does age matter?

I would say a conservative approach would be around 5 to 15 percent of ones investment earnings.
The aggressive approach would be 20 to 30 percent

Amounts higher than this would be considered for those who are not risk averse since their is a chance of it burning you by dropping when you need to take it out.

If you have a long duration holding a fair portion of coins is fine though.

With the exception your countries currency is in Jeopardy in which case it might make sense to hedge even more.

[Este Nuno]

Do you guys think the same thing applies to someone who is 60 years old and nearing retirement?

I'm not 60, but if I were I would be much more conservative. And it would seem awfully risky to put so much of a retirement fund in to such a volatile instrument.

[Swordsoffreedom]

Do you guys think the same thing applies to someone who is 60 years old and nearing retirement?

I'm not 60, but if I were I would be much more conservative. And it would seem awfully risky to put so much of a retirement fund in to such a volatile instrument.

For someone approaching retirement I would personally suggest an annuity
Receive a fixed payment for as long as you are alive and there are various products to choose from.

That said if they have spare income from the annuity that they do not need to live on a month to month basis investing some of that in Bitcoin would be a good idea after their expenses.

The annuity interest rate is a bit low still due to the recession still impacting the bond markets but it is a safer system of payment.
http://www.investopedia.com/terms/a/annuity.asp

[Ibian]

Currently 113% in. In a week it will be a mere 100% as I pay off the remaining part of my loan. It will go no lower than that as long as the price remains cheap.

[MonadTran]

it would seem awfully risky to put so much of a retirement fund in to such a volatile instrument.

It also depends on what size your retirement fund is. If it's $10,000, well, unless you invest most of it in a risky asset with high returns (like Bitcoin), you can be pretty damn sure you'll have to work yourself all the way into the grave. If you do invest in Bitcoin, there is still a good chance there would be no retirement for you, but at least there is some hope.

[Este Nuno]

Currently 113% in. In a week it will be a mere 100% as I pay off the remaining part of my loan. It will go no lower than that as long as the price remains cheap.

After you pay off the loan do you plan to take out another loan to buy btc?

Are there people out there cycling through loans, paying them back with profit and then taking out new ones to buy more btc?

[Ibian]

Currently 113% in. In a week it will be a mere 100% as I pay off the remaining part of my loan. It will go no lower than that as long as the price remains cheap.

After you pay off the loan do you plan to take out another loan to buy btc?

Are there people out there cycling through loans, paying them back with profit and then taking out new ones to buy more btc?

Was a family loan. I currently am unable to get a regular loan, but if I could I would get the biggest they would let me get my grubby little hands on.

[Biodom]

What do you think is the highest amount percentage wise someone should devote to bitcoin in their investment portfolio?

How much is too much? Even for someone who is not risk adverse?

Does age matter?

I would say a conservative approach would be around 5 to 15 percent of ones investment earnings.
The aggressive approach would be 20 to 30 percent

Amounts higher than this would be considered for those who are not risk averse since their is a chance of it burning you by dropping when you need to take it out.

If you have a long duration holding a fair portion of coins is fine though.

With the exception your countries currency is in Jeopardy in which case it might make sense to hedge even more.

^^^I think that these are the most reasonable numbers to invest initially.
However, what to do in a hypothetical scenario of BTC appreciating four fold or tenfold(to $2400-6000)?
This is the real question.

[scryptasicminer]

Putting all eggs in the same basket is always a bad idea.