Topic: I just realized I'm 99.9% crypto and 0.1% in fiat (Read 667 times)

sometimes fate like agan often happens, but what can you do to your fate. to make quick decisions it is quite difficult to get cash, apart from selling existing ones.
when the price in crypto started to decline, at least having cash to exchange at a low rate, this happened to me a lot too.

Which is at it should be, if banks want people to deposit money with them then they need to give them a reason and when fiat is being printed at the rates we are seeing and many banks are not offering you any interest rate for having your money with them and many banks are now charging you money for the privilege of having your money in the bank then why bother?

It is better to have it in an investment like bitcoin which not only offers a lot of profits but freedom that you cannot get with any other investment, so when we think about it in this way it makes no sense to hold fiat, with the exception of having some fiat around for your expenses and some emergency in the case something bad happens.

Will vary in each everyone of us when it comes to their holdings because not all countries would have the same jurisdiction when it comes to crypto.If it turns out to be

positive then that would be an advantage because you can fully exert the benefits of it without hesitation or minding off to get some violation but once it is on a the negative side

then you would really be having that hesitance or hindrance for you to do so.For now im not really that much confident on fully switching all of my fiat into crypto
but still i have some coins that have been holding.

I'm currently 0.31% fiat, 98.11% Bitcoin, the rest is XMR and ETH. But I hope to enter the real estate market with my BTC gains after this bull market, becoming a landlord has always been my dream, and I hope to build a portfolio of stocks some day, though now stocks look kinda overpriced in my opinion.

I think when you Bitcoin stash is start becoming worth a lot and when it's 90%+ of your portfolio, it's time to reduce the risk and move money out of crypto. The crash can come at any moment and will leave you with a fraction of your wealth; I didn't sell a single satoshi during the 2017 cycle and I regret it, I wish I sold high and bought back some, but no, I was too caught in the HODL meme.

Well, I am finally there with you. I do not have many fiat, and the ones I have will go straight to spending, which means I do have fiat time to time but it is very quick, whenever I need it, I just cash out and pay whatever I have to pay and rest is still in bitcoin so I am always at 100% except few minutes.

I do not see the point of having money in my bank account anymore, I do have some cash because I may need it, not like I can live without any cash in this world unfortunately, but aside from that I have literally zero money in my bank account now (okay few cents but I couldn't withdraw that) so I can clearly say that I am full on 100% bitcoin aside from some cash here and there, and I keep all my income in bitcoin as well until I need it. It is really a freeing feeling as well I just feel like it is going to be so much easier this way if bitcoin keeps being this awesome.

It is nice to see another user with the same thought process, most of the time I see users talking about diversification and that is fine when you want to protect your capital but when you want growth then you need to concentrate your capital in just a few investments.

Bitcoin is so far ahead any other financial instrument that it does not make sense to invest in anything else, after all what stock can give the same profits that bitcoin has given during the last year? And even if there are a few stocks that have given more profits than bitcoin those stocks are the equivalent of shitcoins and very few would have taken the risk with those stocks anyway.

Its really good to know that your at 99.9% on crypto i think you are living on a country where cryptp is legal that's why you can easily calcuate your expense and investment . Howeve thoug it is tough to use the digital currency here is on my country still i habe 50% on crypto on my wallet and i  make 50% to cash for my expense i always follow this way in every month.

Ah, right, thanks. So you haven't actually used any of those so-called cross chain networks to "wrap" your Bitcoin and stake that instead, then. I might have made my question clearer as this is what I was trying to see if people are already doing more (I know Bitcoin wrapped TVL is growing but I'm pretty certain it hasn't come from "proper" Bitcoin holders).

Far as I know, these aren't proper stakes in the sense we understand them, no need to be online as a validator or part of one, more like locking into smart contracts. I get the attraction, trust a network instead of an exchange, but as I said, I don't exactly trust these networks any more than I do the exchanges!

You're the only one who understand your post.

as long as you are investing what you can afford to lose then there are no problem , but if you are investing your lifetime saving here ? then you are in trouble at some point .

I have the same portfolio history. However, I've feeling that but not sure BTC is going to drop to 50K because it's very negative at the present time. Situation maybe cancelled after breaking 60k, unless freezing out before that action is highly recommended. Regardless of whats i'll keep my crypto as far as possible.

Readiness to transact and get paid in quick time are more convenient and easier with crypto payments but most of my friends who are into different online business are not at all holding any crypto and I guess if they adopt crypto then they could save more and may settle their transaction in more quicker time and this way if they are able to save time and money then that would be double benefits for them. I am still trying to convince them to plan up for long term holding of some cryptos and hopefully they will start listening soon because of on-going bull run.

I am having 50% of my networth in crypto and the rest are on properties and I have less than 5% in fiats. I guess this is how crypto business people are doing right now.

China often doesnt follow international laws and regulations so its not a new suggestion to avoid anything produced there and that includes Bitcoin which could be related to the large amount of smog and coal they burn for energy and other various pollution.   In theory they've agreed to reduce emissions recently I think, in practice they will run a double book on actual practice and reported figures.
  Pretty sure I read of more then one fund that promised to source only BTC mined elsewhere or verified renewable energy.   Its still a reasonable question that mined blocks are not diversified to avoid bias and failure.

That's a nice move actually but isn't it risky to even put your earnings in business to crypto? I mean we all should have an emergency funds IYKWIM because seriously, nowadays is kind of hard to make money especially with this pandemic and crisis in the market especially the food.

But whatever, as long as you can manage to make cash from your business it's fine and I would do the same if I were you. So I'm basically hodling more crypto than fiat right now and it's totally fine since I got some of the expenses covered with my day job so it's not that hard to make a living at least.

You cant say full because you still have 0.5% in cash.  Imho this move is risky but as long you are aware with that the it doesnt matter because its your money you do have the
full control of that and its none others business if you do go full with crypto.Its good to hear out that you are paying up your bills on staking rewards even though
these things arent really that much appealing but it seems you are enjoying it and which is good but always take consideration about the risk involved.
Always set up some back up funds in case things do really messes up.

Is there a difference for bitcoin outside china?

In terms of the slow network and services in the banking system, I think you can do more of mobile transactions in fiat. In this case you can send mobile bank details to the second party you are transacting with especially if it is a country man or someone that can buy in local currency. With this it is more easier because you have fiat in your mobile app and anywhere you go, you can buy, sell and be comfortable with life. I mean, this is even the good thing brought by bitcoin cryptocurrency and digital transaction.

Not surprisingly but I got nothing in fiats, I withdraw my crypto to my local currency each time I want to spend some funds and probably just keep few incase of urgent need. Thankfully with the peer2peer system it's quite easy to withdraw any amount in the next 5-10mins and get instant credited although thses few last weeks, the banks are making it a little be time cosuming due to their network issue.

I see no reason why fiats should be held unless you're saving to invest when the market turns red and better still you can do that using stablecoin that would be easier to store and transferred without having to wait for an authorization from a third party.

Now when choosing your stablecoin, you have to be very selective as not all out their can be reliable. It's no news your coins can be frozen so only patronize those that operate decentralized like DAI.

Practically to say is that I usually do the cashout and convert my crypto to our local currency. I keep remembering my biggest mistake last 2017, and I don't want to miss this time again. So I'll take this chance rather than to continued staking for my future, I actually did some investment and the funds are coming from my cashout which I think that also a good idea. I'm not saving cryptos but I do the outside investment which is just the same as what you did...

Well, staking coins I have are DOT, ETH, and ADA. Right now I only stake DOT though, but plan on doing the others soon.

DOT seems complicated to stake just from what I've heard, I haven't even researched it yet, and it (along with some trading profit) is what I'll be living off of starting next month now that my savings in the bank have run out, so I want it to be easily unstaked and sold with a few clicks of a button whenever I want so I just stake it on an exchange. Not the safest thing since I have a ton of DOT, but major exchanges seem a lot safer these days than a few years ago.

ADA sounds fairly easy to stake yourself, I still need to research it but probably in the next month I plan to get into that and try moving my ADA off-exchange and staking it myself.

ETH is currently nearly all in my own wallet but I will probably move it to an exchange soon to stake. I can't stake it myself because you have to be online to stake (and actually I think it's the same for DOT so I wouldn't be able to stake DOT myself anyways) and I don't have any way to keep a system running always online with my traveling lifestyle.

So yeah while I keep my Bitcoin in cold storage in my own addresses, and that is the vast majority of my money, for staking I feel pretty comfortable doing it on-exchange at major, regulated, secure exchanges, especially since I literally am unable to keep a staking node running due to my lifestyle.

I don't really see a point of Gold at this point. Bitcoin has the same investment thesis as gold, but far better, and its investment thesis goes beyond gold's which is limited to store of value. And I don't see how gold can be helpful in emergency situations. Are you physically storing your gold? Then you have to worry about security. And how are you gonna sell it? I imagine it is fairly costly to sell (verifying purity, depends on what form your gold is in, etc). I personally just don't see any upside to holding Gold when you can hold Bitcoin. I would imagine that some people are already selling Gold they've held for years, for Bitcoin, and I'd guess that will continue, and will make it harder for Gold to keep up with inflation, meanwhile Bitcoin will continue to appreciate many times more than inflation each year. Those are just my thoughts

Real estate is great though, so good job on that. I may eventually get some rental properties to diversify beyond crypto. I'd one day like to cover my entire cost of living in multiple ways, currently I can do it with staking cryptos, but eventually I'd like to also cover my entire cost of living with cash flow from rental properties and from dividends from stocks, and maybe even one day have a business, to really diversify and multiply my income streams so that I can live off of any single one of them.

I guess I am 75%-80% in crypto and the rest in fiat money, save in my bank account.
I never thought that I had been drag deeper into crypto
But that makes me realize that using crypto can be my investment besides having gold, and having crypto is a new opportunity that not many people can see and realize.
We are so grateful to have crypto because we have many chances to invest in any coins we want, and we only need to sell some amount to fills our daily needs and prepare some money for urgent situations.

OP what have you found to be to a trusted staking mechanism? Still holding onto my crypto on my own. Bitcoin mainly and a smattering of other fun alts but not noteworthy. Basically just holding on to whatever earnings I have (virtually 100% crypto earnings if I'm honest now due to remote nature of work in past years).

Have examined all these staking options but it seems you either have to trust a company, or trust a blockchain network. And I don't really, other than the Bitcoin network itself.

But curious to see what other Bitcoin holders are willing to try out?

Also >95% in crypto 

90% in crypto and the rest is fiat since I have a real world business I'm running for my family sake, still I have end up turning crypto into bank, it's actually where I keep most of my money even earnings from my business

You sound like perfect with your allocation of funds with purposes. Rental property cannot be possible in most countries unless otherwise I need to be a millionaire in my country. I do invest in gold in electronic format as that ensures more security along the way I am enjoying all the returns of gold investments. Surprisingly I may be having more than 70% of my saving in cryptos and remaining are stocks, gold etf and few other format of investments.

Fortunately bitcoin tops in terms of higher returns hence I guess having it in more percentage in my portfolio makes sense. Looking for passive income generation is something I having dreaming for years still there hasn't been any proper opportunity for me so far with respect to my allocated funds and time required to setting one up.

Having crypto and Fiat is indeed but what about Gold? Even if I am a strong crypto believer I don't think Gold is useless because it can be much helpful in emergency conditions. If I am not wrong at least 30% of my total asset value is in gold 40% in rental property because it is stable and passive income so no need to worry if your other investment is not working.And the remaining only is in the crypto and liquid cash and saving in my bank will be about 5%.

Yeah it just depends on your situation. For me I have no investments or assets (stock, real estate, etc) outside of crypto so it is easier to have almost 100% in crypto. And to have a 6 month emergency fund in the bank only takes 0.5% of my money, which I will save up to over the next few months because having an emergency fund is important. If I'm about to buy a new car or something I'd go over 1% fiat but that would be very temporary just to make the purchase.

This bull run will keep going for a long time, and even if we do get a sizable downturn at some point, I'm still going to be making enough from staking rewards to live off of, so there isn't any reason for me to hold extra money in cash.

However for most people unless you're already rich from crypto yea I agree over 80% means you probably are over-risking yourself cuz the market could be down at some point and you end up needing cash.

People's finances, in order of priority, should be:
1. Source of income
2. Enough in fiat to cover the next month's expenses
3. Emergency fund of 3-6 months in fiat savings account
4. Bitcoin as long term savings
5. Ethereum and optionally some of the major altcoins as investments, ideally some of them are staked coins to generate income. Alternatively you can also use real estate and stocks as investments that generate income but they are just going to grow much slower than good crypto investments.
6. Optionally you can then invest in more risky altcoins outside of the major promising ones, realizing that these are very risky and over the long term you may lose money on these instead of making money, or at the very least have smaller gains than if you had just bought more Bitcoin.
And of course you might own a house to live in which will consume some of your assets.

For me, (1) my source of income is staking from DOT, but I will also stake ADA and ETH soon, plus also I have a trading account that I can cash out from when I need to cover expenses. (2) Right now at 0.1% fiat I only have enough in the bank to cover the next month's expenses. (3) Over the next few months I'll move enough DOT rewards or trading profit into fiat to have 6 months cost of living as an emergency fund in my bank, and I used to have this but just allowed my bank account to drop because I didn't want to sell any crypto right when the bull market was taking off the past few months. (4) I have a ton of Bitcoin as my long term savings. (5) I have DOT, ETH, LINK, ADA as my safer long term crypto investments as they are all both promising and among the top cryptos. (6) I also have gotten BAT, PRE, and RUNE recently as more speculative and risky smaller cap long term investments.
And I don't own a house or any other investments but I will likely eventually buy land for myself, maybe rental properties, and stocks.

Yes Right

I actually dont know how to work out my percentages.

I dont have FIAT savings other than the month to month savings for bills and utilities.

So Crypto to FIAT is 99% - 1%
I have a FIAT loan outstanding which I used to buy some Crypto.

I have a mortgaged property with positive equity and a small car loan, so I do have debt

For me personally I think anything above 80% of your money being invested in the crypto industry is considered dangerous especially for the people who don't have anything set aside at all if one of the worst cases come which is cryptocurrencies going down which all of them will immediately be affected in this situation. But I guess this will really be dependent on each person as maybe there are people who have a bigger risk appetite compared to what I have and has trust that cryptocurrencies will give them bigger gains.

Seems all of your stashes are in crypto I wonder where do get your daily expenses? is your country already accepting Crypto as a payment? Anyway, it is not recommended to put all of your money in the crypto cause' it is a lot of risks to take, yet you never know when this bull will come it could go all down when bear comes unless you are can afford to lose it all. Consider giving more allocation for Fiat at least perhaps 30:70 ratio would be enough 30% for Fiat while 70% for crypto. Not all institutions accepting crypto yet that is why having cash on hand would be better.

I am obviously not as high on crypto as OP but that changes from which day of the month we are talking about. Currently I am on about 10% or so fiat and 90% on crypto, using that 10% to live for the rest of the month honestly and that is not a bad situation for me. By the end of the month I will be 1% fiat and 99% crypto as well, and on the first day of the month I will be 30%+ on fiat and 70% or less on crypto, why? Because at the end of the month I have no money left to spend and by the start of the month I get paid my salary and that is why I have more fiat.

I do end up buying bitcoin with my salary but only a bit, rest I end up spending to live basically for that month. That is why I can't say how much of my money is in crypto and how much is in fiat as a fixed rate since it changes the more fiat I end up spending, every single day my fiat % drops that is for sure.

I never do that, because all household is on me. So to spare only a little percentage to real life and all in crypto is impossible for me. But at least as long i still can gain profit and minimize loss, already enough for me. Who can spend all in crypto means he not use it to fulfill household needs right?

Maybe I'm like you with 99.9% crypto and only 0.1% fiat. Actually in my bank account is no more money can to withdraw, All my money in crypto, every week I send around $30-$50 to my bank account and withdraw for my real life for a week. Always like that, I never cash out my crypto if I don't have something to buy. I'm sure that crypto is the best way

That is a way to show that Crypto will rule our future. You are not alone and I only convert to fiat when the need arises. We are in the era of digital payment which blockchain makes possible without any interference.

If I would have to think more often times, fiat opportunities made me frustrating because I couldn't get more profit compared from cryptocurrency. Failures made me stronger and I admit I was weak and my emotions affected me, when market started to saturate. How I wish I may recover those losses, and my alternate strategy is storing crypto for years so I could have closer focus on those asset which I'm going to reach a sustainable value.

I live in the US, I don't use crypto as a payment method. Granted, right now I am low on cash, in fact this morning I just cashed out a couple thousand dollars from my trading account to pay expenses at the end of this month. Also I easily make enough from staking rewards to live, so I'll probably build up to 0.5% cash from that over the next few months so that I have an emergency fund.

And well your % in fiat would depend on how much money you have overall. 1% of my crypto would cover my cost of living for a year, so 20% would be 20 years of expenses just sitting in cash being devalued every year by inflation, which obviously is not a good idea. The only time I'll ever need more than 0.5% in cash might be for a major expense like buying real estate.

Jesus, that is a high percentage.

But unlike others, I don't think that it is that risky. In fact, I would say that you take the most risk if you opt-out of putting crypto into your portfolio. As long as you're not a weak hand, a long term holding of cryptos will prove to be one of the best preservers of wealth.

I'm more skewed towards stocks compared to you, but definitely still >50% crypto for the long run.

Quite awesome but I wonder how you manage your daily life with 0.1% fiat. Does your country accept bitcoin or crypto as a payment method. IF they do, holding 99.9% of crypto is really a dream come true. But if I were you, I would try to equilibrate my fund by at least 20% of fiat. Too much crypto is not always good. Im always afraid that I sudden dump will appear and has a high chance to swipe out my balance

Well, up to now, bitcoin still performs marvelously. New ATH has been made and you must be one of the happiest guy in the planet

I don't take loans and credit cards, that's it. Whenever a bank teller asks me that they can offer me good deals with their credit card and they'll waive the fees, I turn it down. I don't need it. You don't take loans even if you're having a huge salary, it's just a matter of managing your finances and you need to keep your standards low. Living frugally is the key and don't increase your way of living just because you're earning that much. It's okay to enjoy your money if it's cash but if you're doing it with credit, you can't afford it and then just don't do it.

I never really "bought" bitcoin to be honest, I did a small part but that is very tiny part of my bitcoin amount. I have worked for it and earned it. That's why I got into bitcoin, it was a place where I can provide my skills and talents to people and I could end up working and earning money because of it, that's what I did, I worked as writer, affiliate networker, web developer, and even community manager for few projects, all helped me making money, now I am trying to build my own project as well, that is why people should always be very careful about what they are using crypto for, I have not bought too much bitcoin compared to what I made, but I kept some of my income as bitcoin and that really helped me a lot, I have like 5 months worth of salary saved thanks to this. That is what people should focus on, how great bitcoin could be if you use it as currency and not an asset.

I just wonder how it has become possible for you people to lead a life with zero debit. Because, in my country, banks are too intensive on selling credit cards and loans which make most of my folks to go availing loans which eventually made most of my country people with debits. I have a friend who has more loans hence his 70% of salary from his regular job goes for loan repayments. But, I must need to appreciate your level of lifestyle.

I do not have any real world investments as I do invest all my savings only into bitcoins. Honestly before I am getting into bitcoin I had zero investments. But, now I have some savings, thanks to bitcoins. So, I never think about investing outside bitcoins.

Yup, exactly.

Stuff like rebalancing and diversifying is for when you no longer want to prioritize gains and just want to reduce volatility of your portfolio and prioritize stability to protect your capital over growing it. You don't diversify out of or rebalance away from your winners and into worse investments when your goal is growth.

And yeah when I need fiat hoping on an exchange is easy enough. I just cashed out $2500 from my trading account this morning because i need it to pay my expenditures at the end of the month. Easy as can be.

This is the standard that I'm following as much as I can. So whenever I revert to more percentage in bitcoin, I don't have to think of any obligation that would come except the monthly bills. But being zero debt is very encouraging knowing that you can shift if you have any investment that you want to add to your portfolio. And as for my crypto money, I think I have it around 40%-50% this time and sell if I'm short of cash. The rest, they're in different real world investments.

You have too much fiat LOL, but seriously speaking I don't see anything wrong with what you are doing, if you need a little bit more of fiat then do so after all only you know how much fiat you need to have in order to cover your expenses and any kind of emergency, some people may think that you are investing too much in this market but they do not realize that diversification is a strategy to protect your capital.

If you want to raise your capital then you need to concentrate most of it in just a few key investments that are going to do very well during the next years and without a doubt bitcoin is the right choice for that.

I'm sure most people have smaller amounts in crypto, it could just be that the people who have so far wanted to comment on this thread are the ones with really high percentages in crypto.

I've for the most part had more than 90% of my money in crypto since late 2017, though it probably slipped under 90% in late 2018 just cuz prices had fallen so much, before I loaded up at the beginning of 2019.

Eventually, like later this decade, I figure I'll want to diversify a little bit into stocks and real estate, so I could imagine by the end of this decade holding like 90% crypto, like 0.2% in cash, ~5% in stocks and ~5% in real estate. But for now I'm perfectly happy being 99.9%/0.1% crypto/fiat.

I don't care about bear markets. I'm retired now thanks to bitcoin, I won't be selling any just because we are in a bull market. Bear markets are temporary, I could care less about them. I used the last bear market to load up on Bitcoin at the bottom and retired half a year later because of it. And I got DOT recently so I can easily live off of DOT staking rewards, I have no need to sell anything other than staking rewards as my only income, so bear markets mean nothing to me. I've exited the fiat game now, I only will hold enough for monthly spending and a bit extra in case of emergencies. If I ever need to buy anything big I can just buy it in the future with Bitcoin or sell some to fiat for the purchase.

I haven't done my calculations yet but since I'm earning in fiat, I guess putting in 10%-20% as BTC buys (sometimes ETH now) means that is my exposoure?

I do earn pure BTC as well in very small amounts but that I leave to invest and/or gamble, so I think 50% of that ends up going to my wallet (if it isn't lost in investment).

Well done to you OP.

Hard to say, depending how much my real estate is worth. But it's roughly 90% BTC, 9.5% real estate, and 0.5% fiat.

Not an investment advisor nor anything near it but I'm surprised to see that majority of the people here have most of their wealth in cryptocurrency rather than fiat, is it because of the bull market that is why there is a shift in percentage or is it before that? Nonetheless I think we are all aware about the dangers of keeping most of your capital/wealth in a volatile market? I'm pretty sure that if you put in most of your wealth in one market it can shift drastically with just one reversal or correction. For me I'll be more comfortable having fiat currency which can maybe sustain me for a year and maybe the rest of my wealth can be diversified in both the stock market and the crypto market.

In my case, 80% is in crypto, which is definitely risky - but I don't prefer to have more cash than I need for all the basic necessities of life - and keeping cash in banks doesn't make sense to me at all. In addition, I can always sell crypto if I need it, so I am convinced that the risk that crypto has is well worth it.

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I may be wrong, but philipma1957 is mining some altcoins - at least that's how it seemed to me from his posts - but I don't understand why anyone would differentiate between virgin coins from China and from anywhere else, they are still virgin coins. When I looked at the context it became clear to me, but I consider it one big nonsense.

Believe me or not; I am 100% in crypto and 95% in bitcoins and the renaming are in altcoins and out of that I may hold 0.5% in stable coin as I am making use of stablecoin for P2P transactions. My employer pays me in bitcoins and my signature campaign earning is on bitcoin hence obviously all my networth are in crypto. But the properties and some stocks which I got by inheritance are my other saving which I never consider as liquidate things for any emergency need.

I am able to convert my bitcoins into fiat in less than 2 minutes which is another reason why I keep all my saving in bitcoins. I just cash out whenever I need money to pay my bills and  for any other expenses. People are debating about bitcoin to replace banking system but in my view it is already started happening in my life.

I know that putting most of your money in crypto is a good idea since we are in a bull run but what will happen to you if the bull run ended and the bear market starts and your money are still into crypto?
Cashing out or taking profits isn't a bad strategy especially if you are happy with the profits that you have. As for me, I will take profits gradually until I reached the point where I already cashed out already. I will hold some Bitcoins and other altcoins still but will cash out a huge portion of it overtime.

Right now, I'm 90-10 with crypto at 90% and fiat at 10% but in the next months like I said I will gradually take profits and put some into fiat so in case the bear market will happen I have some fiat to use to buy cryptos .

For those of you asking about real estate, yes absolutely include that. Just include it as the value of the real estste minus the amount you still have to pay.  Im talking all assets in this thread: cash, crypto, real estate, stocks, bonds, metals, whatever else you got. I just happen to not have anything other than crypto and cash.

The house counts as an asset and the mortgage is unknown cost, ideally you will have a fixed interest rate because the situation could spike but invariably the face value on the debt does not reflect true cost as we know money is going to lose alot of value at this rate over a long term hence normally why rates would be rising.
    Portfolio balancing is counter intuitive and it will never perform as well as gambling it all on your best bet, sometimes that will do best like now an asset class comes out of nowhere and is constantly dismissed till fairly recently.   Now its accepted that has to be the tail end of 'near term' speculative gains I guess, longer term hopefully further expansion and development occurs but the idea to balancing value is you meet future costs.   The highest worth for cash is security not wealth exactly which is why strange things unexpected things can happen when governments are biased into volatility over security in regulation of currency.
  I'd say silly things like 1% gold and so on which leads to arguments on theoretical usage and future prospects but for security over speculation its hard to argue against just paying off an asset which houses you every day.   Land, gold, water and just whatever long term prospect you can think of is the ultimate destination for alot of speculative wealth short term.

For this year it looks like I am using more crypto than fiat. because in previous years (2018-2020) I completely only used fiat in all forms of payment. Because in that year I didn't want to give away my crypto. I just save and keep steaming. But this year, I used crypto for electricity, water, etc.

In essence, when crypto value is cheap, I feel like I have to pay dearly for everyday life. But when crypto has a high value like today, I feel for daily necessities it is very cheap.

At this point my priority is crypto and its about 90%., because i dont want to miss all the opportunity that comes from it while market still at the bullish trend, but yes i need cash but only for my daily expenses, wherein no more reason to cash out some cash.. It doesn't matter if i don't have cash left on my wallet, indeed my virtual wallet is most secured than my physical wallet . Lol ..

In my case around 65% index funds/stocks, around 33% BTC 2/3% cash. I don't know if we should count RE here but so far no one has included it in their explanation. I recently saw a video about Billionaires which was mainly about them having only 1% of their net worth in cash. It is normal, if we think that cash is trash that depreciates at a high speed.

I got kids, I always need cash near me. 
70:30
That's good enough for me or else someone will be mad for not having money in our physical stash.
A problem if your partner is not ecstatic about cryptocurrencies. Yeah, she likes the stories of how I can make more $ but it's better if she will see it in cash. 
It's okay for me, it's always better to be ready, accidents happen and you don't know when it will come.

I prevent myself from looking to this perspective , yeah sometimes i am short iN Cash but i keep on Looking to other option than checking my Crypto wallets , You Know why?

because i Invested in coins that really Pumping these days and withdrawing or converting them is really not a good idea.

And Staking ?lol i staked my coins in Time staking in which i will need to wait certain time before i can take my stake 

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.

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

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.

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.

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.

Both you and the U.S. Treasury Dept.

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 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?