Quote from: AcoinL.L.C on June 01, 2014, 06:35:40 PM

Quote from: RodeoX on May 27, 2014, 08:14:44 PM

Quote from: vn10vn on May 20, 2014, 06:01:54 AM

Quote from: OCG on May 19, 2014, 08:54:42 PM

Well done! Imagine if you'd started with 1 BTC ;-)

Exactly. Rich get richer, poor get poorer, where's the decentralization and altruistism? There is none. It's just another Wall Street fueled by greed.

Well, what did you think was going to happen? Bitcoin is money, that's all. There is no altruism in the protocol, it is utterly free of morality. However, there is a HUGE difference with bitcoin. Bitcoin is completely fair. That is not to say you are given anything. But both you and Bill Gates compete on the same field. He may be able to afford more than you, but he can't game the system like the rigged NYSE. NO ONE has control over bitcoin and that is the fair part.

Not true. Currently very easy to move BTC market. Even a million dollar flash dump of coins could move the market. Imagine if Satoshi dumped his 600,000+ coins. BTC would lose nearly its entire value.

To OP:
I wouldn't keep more than 40% of your BTC in actual bitcoins. To be completely honest I can't see BTC going above the $1000-1500 for a long, long time, if ever. Don't get greedy. Keep 5% in fiat to sort everyday bills that you can't pay with BTC just yet (IE Groceries). Keep your fiat in cash, theres no need to use a bank unless your looking for a loan. You can always cash deposit if a large payment is due. I would put 5% in BTC related investments (Such as CBTC, SCRYPT or other established crypto business's), they typically pay high returns in dividends. I would keep 15% in silver and 10% in gold, silver is typically more stable than gold, and also has a much higher potential for increase. Buy physical gold/silver and store it yourself. You can buy silver/gold with your BTC through many channels, so it would never go through a bank. I would keep 5% in the chinese Yuan which has historically performed very well, and will only increase in value as China continues to move forward into the future. I would also suggest putting 10% towards mining (I would suggest PBMine, very cheap rates and nice site). I would also keep 10% in LTC, if BTC goes up LTC will most surely follow. I would keep the last 10% in a hotwallet (use a very good password!). You can use this 10% to purchase stuff off of overstock.com, direct TV (if you are near them) and other similar places to avoid having to use fiat.

So it'l look like this:
30% BTC (Cold storage)
5% Fiat
5% BTC Related Investments
15% Silver
10% Gold
5% Yuan
10% Mining (If you purchase mining contracts with PBmining il split the referal bonus with you 50/50)
10% LTC
10% BTC hot wallet

+1 (excluding the LTC part). Needs a bit more diversification though.