Post
Topic
Board Speculation
Re: I just realized I'm 99.9% crypto and 0.1% in fiat
by
FanEagle
on 13/04/2021, 13:05:01 UTC
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? Smiley Anyone else gone full bore into crypto as I have?
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.