Quote from: Dabs on June 25, 2021, 11:53:44 AM

If you read a lot of FIRE related websites and blogs, you'll have an idea of a typical allocation like 60/40 equities/fixed income.

Incorporating bitcoin would likely cause some think differently in terms of both initial allocations and also the extent to which to attempt to actively manage the allocations.

Furthermore a guy with ONLY $10k in total investments might consider how to divide his various investments differently than a guy who has gotten up to $120k or $240k.

Also, the various personal factors surely need to be accounted, and maybe a young guy of 25 years old or younger who ONLY has a total of $12k to invest over the next 6-12 months (and maybe already has taken a position in various assets) might start out with 70% bitcoin, 10% cash 15% equities (index stocks) 5% bonds (or other fixed assets).

It's not easy to put yourself into the position of someone else, and my recommendation of a starting investment in BTC of 1% to 10% is a starting range, and sort of presumes that the person is already investing in other things and they are considering learning about bitcoin so that if they dabble in bitcoin for a while and learn about it, they might well decide to allocate outside of that range, and a person who is in his 40s or 50s might not want to be overly aggressive, whether s/he has built up a decent nest egg or not.. but surely sometimes the guy/gal who is 40 or 50 years old who is feeling that s/he does not have even close to enough (maybe the goal was $1 million, but realized in the past year and a half or so that the goal is going to have to be $2 million, instead... ssssshhheeeeiiiiitttt!!!!!) because s/he is ONLY in the range of $120k to $240k of total investment values.

Sometimes people also get impatient because they realize that the amount that they have built up in various assets and investments is way lower than what they had hoped at their time in life (and the maths are not working out) - and there is a need to be careful with getting impatient, too... because king daddy can become very punishing to those who are overly aggressive, especially if they overextend themselves with some kinds of leverage and without a sufficient cashflow to cover such debt servicing.. or alternatively try to play around with collateral and to NOT really understand the various ways that kind of a game/gamble might play out contrary to the interest of the collateral employer.

Quote from: vapourminer on June 25, 2021, 12:03:55 PM

Quote from: bct_ail on June 25, 2021, 10:38:33 AM

Quote from: vapourminer on June 25, 2021, 10:20:54 AM

Quote from: philipma1957 on June 25, 2021, 02:55:24 AM

hey I just reaized i am 64 my wife is 65 and the btc alltime high floated around those numbers 64k-65k

interesting. i was gonna ask you to age faster but that would be rude.

Maybe we find a couple with such a bodyweight and they can do that instead of their age. Grin

well tbh i would be happy enough if phil and his wifes combined age (129 years so $129k USD) were the ATH this time around, so we can still go by age.

add MY age in and even better.

Opsec... careful buds..... Wink

oh what the heck? throw in your social security number and address, too.. those are probably helpful too, no?

Quote from: Dabs on June 25, 2021, 12:07:45 PM

Quote from: vapourminer on June 25, 2021, 12:03:55 PM

add MY age in and even better.

I see companies do that all of the time. We have 10 board members who's collective age and experience is 500 years (or something absurd)... Like you can simply have a team of 20 to 30 devs who have 2000 years of experience?

If we have 50 active WO's ... and maybe 150-ish others posting or lurking here, we have 200. If the average age is 30 or 40, the number is 6000 to 8000. Which could translate to either $6m per coin, or $6 trillion marketcap, or something like that.

One of the benefits of crowd sourcing.