Topic: How much in % of your savings are in BTC? - page 3. (Read 6076 times)
i will saving 45% into BTC
My target is to have 50% of my savings in BTC, so what do you think, is this a good strategy?
Add a poll for this !
Increments of perhaps 5> 10%, 25% and over 50%
I've invested all of my liquid savings into BTC, and I buy more with each pay check to accumulate as much as I can, because my man fiddy cent once said - "get rich or die tryin" ....and this quote applies perfectly with BTC. If you invest enough and if bitcoin follows the same trend you can get rich, or you can lose everything. But the latter is less likely. Bitcoin has had attacks, blockades and problems with its protocol... but it has upgraded, adapted and survived so far. With the increase of awareness, number of users, adoption rate and expanding network it is becoming more and more unstoppable.
Like the other dude said though, % of investment can be relative. I'm 25, single and don't have any significant debts so if i lose all my savings I'm not going to die. But the fact that bitcoin is deflationary in nature and is supposed to increase in value it makes it an attractive investment or a store of my savings.
I refuse to invest in the stock market and won't even bother "diversifying" into something where a 10% return would be considered lucky... would rather take a risk at something with the potential of 1000%+ returns.
Maybe someone more sane than me can tell me I'm making a huge mistake?
Like the other dude said though, % of investment can be relative. I'm 25, single and don't have any significant debts so if i lose all my savings I'm not going to die. But the fact that bitcoin is deflationary in nature and is supposed to increase in value it makes it an attractive investment or a store of my savings.
I refuse to invest in the stock market and won't even bother "diversifying" into something where a 10% return would be considered lucky... would rather take a risk at something with the potential of 1000%+ returns.
Maybe someone more sane than me can tell me I'm making a huge mistake?
Doesn't sound like a mistake at all! Run with it. As long as you're prepared for rock bottom, then you can chalk it up to a healthy risk with huge potential!
I've invested all of my liquid savings into BTC, and I buy more with each pay check to accumulate as much as I can, because my man fiddy cent once said - "get rich or die tryin" ....and this quote applies perfectly with BTC. If you invest enough and if bitcoin follows the same trend you can get rich, or you can lose everything. But the latter is less likely. Bitcoin has had attacks, blockades and problems with its protocol... but it has upgraded, adapted and survived so far. With the increase of awareness, number of users, adoption rate and expanding network it is becoming more and more unstoppable.
Like the other dude said though, % of investment can be relative. I'm 25, single and don't have any significant debts so if i lose all my savings I'm not going to die. But the fact that bitcoin is deflationary in nature and is supposed to increase in value it makes it an attractive investment or a store of my savings.
I refuse to invest in the stock market and won't even bother "diversifying" into something where a 10% return would be considered lucky... would rather take a risk at something with the potential of 1000%+ returns.
Maybe someone more sane than me can tell me I'm making a huge mistake?
Like the other dude said though, % of investment can be relative. I'm 25, single and don't have any significant debts so if i lose all my savings I'm not going to die. But the fact that bitcoin is deflationary in nature and is supposed to increase in value it makes it an attractive investment or a store of my savings.
I refuse to invest in the stock market and won't even bother "diversifying" into something where a 10% return would be considered lucky... would rather take a risk at something with the potential of 1000%+ returns.
Maybe someone more sane than me can tell me I'm making a huge mistake?
Considering you are young and single and the potential upside is clear, I think you are sane.
I can't tell if you are serious nodroids. All I will say is how would you feel if someone read your post, put more than 50% of savings in Bitcoins because of it, then lost almost all of it. Bitcoin is young so growth is easy, we cant really say that the farther we get into it.
OK. I Was reading all kinds of %10 and %25 too. So I got a little over board. %50 would be a lot for some people. Also if you're mostly all in I'd agree that hedging with a little liecoin makes sense ;P
I've invested all of my liquid savings into BTC, and I buy more with each pay check to accumulate as much as I can, because my man fiddy cent once said - "get rich or die tryin" ....and this quote applies perfectly with BTC. If you invest enough and if bitcoin follows the same trend you can get rich, or you can lose everything. But the latter is less likely. Bitcoin has had attacks, blockades and problems with its protocol... but it has upgraded, adapted and survived so far. With the increase of awareness, number of users, adoption rate and expanding network it is becoming more and more unstoppable.
Like the other dude said though, % of investment can be relative. I'm 25, single and don't have any significant debts so if i lose all my savings I'm not going to die. But the fact that bitcoin is deflationary in nature and is supposed to increase in value it makes it an attractive investment or a store of my savings.
I refuse to invest in the stock market and won't even bother "diversifying" into something where a 10% return would be considered lucky... would rather take a risk at something with the potential of 1000%+ returns.
Maybe someone more sane than me can tell me I'm making a huge mistake?
Like the other dude said though, % of investment can be relative. I'm 25, single and don't have any significant debts so if i lose all my savings I'm not going to die. But the fact that bitcoin is deflationary in nature and is supposed to increase in value it makes it an attractive investment or a store of my savings.
I refuse to invest in the stock market and won't even bother "diversifying" into something where a 10% return would be considered lucky... would rather take a risk at something with the potential of 1000%+ returns.
Maybe someone more sane than me can tell me I'm making a huge mistake?
110% - I opened up a LOC and bought more during this crash - yowza
What's a "LOC"?
Got a alt question to this topic but nearly the same, what about MINED btc, save all or spend 1/2? Ideas?
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Close too 80% 
If you have almost no money, then sure, gamble a large percentage of what you can save on BTC (or other alt-coins). But anybody who has enough money to distribute savings around should only be investing a percentage of their savings in BTC (or other alt-coins). I'd say no more than 20% in BTC (or other alt-coins) and you're still being somewhat reasonable.
Wow, some people are really banking on BTC! I think 10% - 20% is reasonable. Anymore than that and I'd be too nervous. Different strokes, I suppose. 50% seems way too risky, IMO.
A % figure can be fairly meaningless, absolute values are relevant also.
Someone with a few $1000 of savings can risk a large percentage, as they could earn the money back in a few months. $100,000 is a different matter for most people, even if it is only 10% of their savings, it would take many months/years to recover that amount.
Of course few here are going to divulge absolute values so we are stuck with it.
Another factor is the increase in value, I started with 2% which has increased to 70%. I think it would be crazy for me to invest 70% of my savings now, but i'm happy to let it play out and see what happens.
I think sometimes you need some balls.
This is true. The % is subjective, without knowing the values. We could be talking about the same dollar figure at 70% of my savings, and 2% of yours.
Definitely takes some balls to throw large sums into investments. I just don't want to lose my balls either!
Wow, some people are really banking on BTC! I think 10% - 20% is reasonable. Anymore than that and I'd be too nervous. Different strokes, I suppose. 50% seems way too risky, IMO.
A % figure can be fairly meaningless, absolute values are relevant also.
Someone with a few $1000 of savings can risk a large percentage, as they could earn the money back in a few months. $100,000 is a different matter for most people, even if it is only 10% of their savings, it would take many months/years to recover that amount.
Of course few here are going to divulge absolute values so we are stuck with it.
Another factor is the increase in value, I started with 2% which has increased to 70%. I think it would be crazy for me to invest 70% of my savings now, but i'm happy to let it play out and see what happens.
I think sometimes you need some balls.
Wow, some people are really banking on BTC! I think 10% - 20% is reasonable. Anymore than that and I'd be too nervous. Different strokes, I suppose. 50% seems way too risky, IMO.
for the first time I got more money than I need day to day, I put it all on btc. Still small money, but when I get more I'll put about 20% in btc, 5% in other cryptos, 60% in silver and the rest in stock market. Think 50% is a lot right now before the important governments have made up their minds. Most people are pussies, so if they ban it completly price will go down as most businesses stop accepting bitcoin as payments (although I will not)
Well, it used to be like <1%...but now it's like 80%
I can't tell if you are serious nodroids. All I will say is how would you feel if someone read your post, put more than 50% of savings in Bitcoins because of it, then lost almost all of it. Bitcoin is young so growth is easy, we cant really say that the farther we get into it.
OK, reading this more carefully, I gotta say... What are you people nuts? Less than %50?! This is year 5 of the future of financial services, BTC represents light years jump forward. It's as if you can buy a share of all future productivity of the internets back in 1994-95.
Having been in for 9-10 months now, and having seen it up over %8000 percent this year, (like all time historical best investment zone) how can you expect it to do less than %700 next year? Where else are you going to make that? bitcoin has been rocked by most everything and shrugged it off. The Indians are arresting exchange operators, meh says the market. The fork at the beginning of the 2013, the market corrected less than %24 for a week, and the worst possible technical threat was fixed in under a day!
I feel like we are conservative having 3 months of liabilities in fiat. Even if bitcoin drops again to $300 like it did two weeks ago (on two exchanges and then recovered to over $700 immediately despite the Chinese gov, which executes ppl for financial crimes, coming out 'against it' really just recognizing it and preventing banks from using it (halelujah!)). Then you still have liquidity presuming you didn't bet everything in at the very top of $1200. You can sell a few if you really need the fiat, and sit on the rest until it's back over $1250 in 3 months!
I mean come on! Most people I know just worked harder so they wouldn't have to touch their BTC savings because it was going up like 4 times a month. That's the way to go.
I'm glad to see there are soo many bears left, because we have another $10,000 to deploy in the next 2.5 months and have learned our lesson to not touch or trade our BTC. We are almost guaranteed to go north of $5,000 in 2014 (and only that little because India actually is arresting bitcoin traders) and y'all are dithering about picking up slightly cheaper coin? Bitcoin needs to coin the opposite phrase to "picking up nickels in front of a steam roller." You get fiat, you convert it to BTC as fast as possible. If that rule isn't clear to y'all yet, then well good for the rest of us for whom it is.
Having been in for 9-10 months now, and having seen it up over %8000 percent this year, (like all time historical best investment zone) how can you expect it to do less than %700 next year? Where else are you going to make that? bitcoin has been rocked by most everything and shrugged it off. The Indians are arresting exchange operators, meh says the market. The fork at the beginning of the 2013, the market corrected less than %24 for a week, and the worst possible technical threat was fixed in under a day!
I feel like we are conservative having 3 months of liabilities in fiat. Even if bitcoin drops again to $300 like it did two weeks ago (on two exchanges and then recovered to over $700 immediately despite the Chinese gov, which executes ppl for financial crimes, coming out 'against it' really just recognizing it and preventing banks from using it (halelujah!)). Then you still have liquidity presuming you didn't bet everything in at the very top of $1200. You can sell a few if you really need the fiat, and sit on the rest until it's back over $1250 in 3 months!
I mean come on! Most people I know just worked harder so they wouldn't have to touch their BTC savings because it was going up like 4 times a month. That's the way to go.
I'm glad to see there are soo many bears left, because we have another $10,000 to deploy in the next 2.5 months and have learned our lesson to not touch or trade our BTC. We are almost guaranteed to go north of $5,000 in 2014 (and only that little because India actually is arresting bitcoin traders) and y'all are dithering about picking up slightly cheaper coin? Bitcoin needs to coin the opposite phrase to "picking up nickels in front of a steam roller." You get fiat, you convert it to BTC as fast as possible. If that rule isn't clear to y'all yet, then well good for the rest of us for whom it is.
My target is to have 50% of my savings in BTC, so what do you think, is this a good strategy?
Only put the amount you are able to lose. If you will be out on the street if all your savings disappear then dont bother putting a large percentage into BTC - its far too risky!
Well, since our savings were put into bitcoin 10 months ago, our savings have grown greatly. Now we keep all but 3 months of libabilities in BTC, so about %90 of our savings with bitcoin investment from 9 months now being something like %70! oh ya.
If there is any delay in getting new fiat savings into BTC it's an emergency in our family.
If there is any delay in getting new fiat savings into BTC it's an emergency in our family.
What was 10% of my savings is now 32% of my savings 
but I see no reason for concern about *this trend for a couple of years
* https://bitcointalksearch.org/topic/stephen-reeds-million-dollar-logistic-model-366214
but I see no reason for concern about *this trend for a couple of years * https://bitcointalksearch.org/topic/stephen-reeds-million-dollar-logistic-model-366214
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