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!