Topic: [poll] What Percent of your Net Worth is in Bitcoin? And why? - page 2. (Read 3222 times)

The asset value of my house is enough negative to cancel out all other assets, lol.

He diversified his bitcoin profit, same as I have.

I am confused, I think you mean to say you bought around $2 ?  Or did bitcoin used to be 90% of your holdings?

Around 1%. Because I do not have the privilege of being able to allot a significant percentage of my worth into speculative investments.

On the other hand, my Bitcoin holdings constitute around 25% of what I have invested in any kind of instruments or currency.

100%.

My asset holdings less my debt is negative (due to student loans), so ~ 50 BTC / 0 = ∞ (or 100%, if we want to be practical).

50+%, but about 90% of it came from bitcoin in the first place.

Hmm... interesting. If you divide a number by 0, well, it can't be done. However, dividing a positive number (your btc) by a negative number (your net worth) you get a negative number.

But. Your net worth is calculated by summing your total assets and then subtracting your liabilities.

Maybe you could calculate the ratio of your bitcoin holds to debt.

In my calculation, I didn't factor in my student loans either. I just summed up all the things I own and found my bitcoin holdings as a percent of that, but I suppose that isn't precisely "net worth".

I have no idea how to calculate what percent my bitcoin holdings are because my net worth is negative.  Fucking student loans.

If your assets have appreciated, it might be a good idea to sell some off to lock in your gains and diversify into other investments.

Replying to myself.
People say you shouldn't invest more than you can afford to lose - but with bitcoin I may suddenly think that the value of the bitcoins I bought cheaply may be worth more than I want to lose.  It's a strange psychological position to be in.

Probably about 90%.

It's a dice roll but I feel the odds are definitely in my favor.

40-45%


+1

50% or more, true believer 

I started with 1% and then it became 7% in about a year.

I put about 5% of my income into bitcoins every week. I move half of them to a paper wallet and pretend they don't exist anymore. I like to play with the other half 

Yeah, I think that would be good. I'll make an edit-note of it in the original post. Thanks!

Should we count things like bitcoins realated investments (such as shares of SatoshiDice) as bitcoin or not?

Hello everybody,

I'm curious what percent of your net worth you keep in bitcoin, especially as this thread grows and takes on a life of its own over the months and years.

When doing the math for yourself, sum up the value of all the assets you own: your bitcoins, liquid assets (cash), illiquid assets (house, car, etc), gold/silver, 401k, investments, and your bank accounts. Divide your bitcoins' worth by the sum total and report back here! A spreadsheet is helpful.

I recently did a survey of my personal finances, and to my surprise, I'm at 0.832%. I spend much more than 0.832% of my time thinking about bitcoin, so this made me wonder why I'm so fascinated by something I have so little stake in. I plan to increase my holdings over time, until bitcoins make roughly 10-15% of the total. Of course, as bitcoins grow in value, this will happen slowly and gradually, but I've made the conscious decision to migrate some of my worth from dollars and stocks to bitcoin, which I trust and support much more than the US financial system.

What are your thoughts? Why are you (or aren't you) more or less invested in bitcoin, on a personal level? How did you get to be so invested (or so little-invested) in bitcoin?

Cheers,
jtibble


EDIT: Also count bitcoin-related-investments as bitcoin as well, since they can be quickly liquidated back into bitcoin. Thanks!