Topic: I just realized I'm 99.9% crypto and 0.1% in fiat - page 4. (Read 667 times)
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.
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]
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
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
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. Anyone else gone full bore into crypto as I have?
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.
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.
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. 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 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.
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.
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.
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.
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?
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? Jump to: