To those who have gone all in on bitcoin, and I mean actually all in besides having money for your basic needs, have you regretted it? I have around 80k in cash, and I keep telling my wife I want to put all of it in bitcoin, and she is like No, I dont think we should do that, it's too risky. However, I understand it, but a little nervous about dumping that much into it too. I am shooting to get one bitcoin over time by DCA every month.
Posted by Lost_Error_4450
28 Comments
I should be comfortable with retirement the way I’ve been able to save. Bitcoin gives me the opportunity to potentially retire far earlier than I would be able to otherwise. If it doesn’t work out, that’s unfortunate, but it’s not like my life’s ruined.
I wouldn’t put everything, it’s a risky asset, put 30% maximum and gradually.
If you check the price everyday then I wouldn’t recommend that move because you will constantly be stressed and possibly panic sell.
I believe in the freedom that BTC gives me and honestly I am highly against control and how the fiat system works, so for me I only keep bare minimum fiat for bill payments other than that I just stack and do not look at any price charts.
In fact you’d be surprised to know I didn’t know BTC had hit 100k until I saw a reel on instagram 1 day after the 100k was reached.
Consider 30-50% and DCA from there.
im not sure how else i would have had a shot at retirement before going all in on btc
Just put some of it in.
You never go full regard
Now is NOT the time to go ‘all in’… we’re in the latter half of a 4 year cycle (yes, these will still happen and I know institutional adoption will make these vary going forward…) and there’s still some gas in the tank for BTC to hit 130-160K by end of the year.
I would wait for the correction in mid to late ’26 or early ’27, and buy back in when it corrects back into the 35-50K range.
NFA.
Read the psychology of money by Morgan Housel befote you go all in on anything.
As a broke person putting in 20k life savings was hard but also I can work to live so for me it was the way, but if I already had money not sure if I would have
Learned from experience, just do auto invests. DCA without even looking is my way.
100 bucks a week, ill check it again in 10 years.
Tell your wife the US dollar is risky
“Have you regretted it”
We’re at all time highs dude! The only ones regretting is short sellers. I’m sure at some point most holders have questioned their decision, but idk about regret while holding.
Fiat currency works via inflation, that’s the risk
If you’re ok with falling behind & living a harder life 🤷♂️
Keep a little stash for quick access money, put it into a high yield savings account if one is available. Then DCA the rest into bitcoin while dropping larger amounts when the price “crashes”.
It will be a rough ride because of the fluctuations. I just stop looking when it gets to be too much.
9 times out of 10 the uninformed partner in a relationship will not agree because they haven’t done the homework. That person who is usually risk-averse in the relationship (usually the wife) will likely be against getting bitcoin as well.
If you have done the homework and have the conviction, you can do your best to educate the partner by organizing a sit down time to show them specific videos for you guys to watch and discuss together to help them get on the same page.
Sometimes they will not get on the same page no matter what, sometimes they don’t want to learn, perhaps in this situation, you tell them to just trust you, and you take charge for your family’s future.
With investments in general, it’s hard to be 100% sure, and I know you would hate to be in a situation where you lose an investment and have to explain it to your spouse.
But remember, bitcoin is not an investment, it is money. It is the hardest money humans have ever had access to. It is finite and gains value against a debasing dollar, and the world is trending toward adoption of bitcoin. By the numbers, it has a CAGR of 75% over the last couple years and something like 190% if you look at the full lifetime of bitcoin. You’ve made a good choice and where to put your $80,000.
So now it’s time to protect your long-term wealth and buy your bitcoin, and remember to never sell it ever.
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Start Here:
In all things, you have to start with understanding the problem, before the solution will even make sense, and so many in our society don’t even know the problem exists. That’s by design. The truth of money has been cleverly hidden in plain sight.
Primer 1:
The Creation of the Federal Reserve – [https://np.reddit.com/r/Bitcoin/comments/1mjgu7c/americas_greatest_heist_the_creation_of_the/](https://np.reddit.com/r/Bitcoin/comments/1mjgu7c/americas_greatest_heist_the_creation_of_the/)
Primer 2:
Sound Money – https://np.reddit.com/r/Bitcoin/s/d3Tpc575eF
I have created a list of videos to give you a strong foundation, you should power through these videos, but most importantly, clips 1 & 3.
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Clip 1 • Understanding Money: The difference between “Currency” & “Money”.. What is sound money, and why gold (and now bitcoin) fits this description (This series was originally made in 2010, before bitcoin was well known). Feel free to watch all 10 videos in the series in your spare time, but if you do anything, at least watch the 1st vid in the series. (This might be the most important video here) [https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH](https://youtu.be/DyV0OfU3-FU?si=OqJ93-gHpcQjsvRH)
Clip 2 • Where printing money is headed: Inflation & hyper inflation – the end result of the use of Fiat currency [https://www.youtube.com/watch?v=iNNUVEfoNmE](https://www.youtube.com/watch?v=iNNUVEfoNmE)
// — Understanding the Solution — \
Clip 3 • Understanding Bitcoin: What bitcoin is, the problem it fixes, and why its the solution [https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5](https://youtu.be/pBmK3pI7uKw?si=n59JkGuJ_gP_dEd5)
Clip 4 • Keep your wealth indefinitely: Why you never need to sell bitcoin. [https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373](https://youtu.be/ELov-pumN0A?si=z0xftv1QsSKE8R66&t=373)
// — Bonus Clips — \
Bitcoin can change the world, because the world can’t change Bitcoin [https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq](https://np.reddit.com/r/Bitcoin/s/GpFl2dM9aq)
Short Jack Mallers Interview: [https://np.reddit.com/r/Bitcoin/comments/1mcn117/share_this_with_anyone_who_doesnt_get_it/](https://np.reddit.com/r/Bitcoin/comments/1mcn117/share_this_with_anyone_who_doesnt_get_it/)
Im one of the few that will say you should diversify. Stocks, index funds, maybe even some gold. Going all in on anything is generally not a good idea..
Edit: this doesn’t mean I dont have full faith in BTC, it means that there may be a time in the future where I severely need cash and BTC is down. Consistent diversified investing is the best strategy for safety and long term growth.
Many many many moons ago when I was younger, I did the same. Had a solid little supply, 30k in the bank. Sat on it for years not doing anything. Over a 6 month span, back at 10k btc, I started averaging in and doing the dance.
Many many many moons have passed… I’m the envy of my friends. I’m not rich. I’ve made good choices, and lived below my means. I raise a family on my income alone. My son is home school, house and cars long paid off. We fear nearly nothing in the global/social economy. Retirement is basically secured in 5 more years.
It has led only to complacency and the discomfort of all the “if I had experienced xyz”…. I missed out on some of the experience of life. But we have no doubt I made good choices.
No regrets. But wait for cycle bottoms. Now is not the time, even if your time horizon is 20 years out. Wait for the bear market mid next year and let that bottom out some.
Yeah no. Don’t go all in on one asset. If you want a tech portfolio, at least you’re spreading your bets across a handful of good companies and tech assets like BTC. If you go all in on BTC, you’re entire portfolio isn’t a portfolio. It’s just a fraction of an asset.
dont do that
Keep emergency fund of 3-6 months in a HYSA. Put the rest in BTC if you can stomach a 50% drop and not sell. If she’s not all in, buy 0.1 BTC and the rest VOO or SPY and dollar cost average more to make the wife happy in the mean time so your ayleast keeping pace with inflation while you get her to watch videos to understand bitcoin and hopefully she becomes more risk adverse. When that 0.1 BTC becomes half your portfolio give her a nice big, “we would have this much if you listened to me.” If you are unsuccessful on converting her.
What is your time horizon, risk tolerance (can you and your wife be cool riding through a cycle and volatility)? Cycles come and go and you get used to the volatility, but they can be unsettling at first. If you are holding this money for 5+ years I think it is easier to go all in maybe with a quick reference to what percent above or below the power law line we are at. If you need it in 1-2 you may not be able to stomach the cycle and may want to DCA in below the power law line.
I have not gone all in. I will never go all in on any single investment. There is always an element of risk. Things can change. And I do not want to go from being financially independent to broke due to some kind of unexpected change.
Crypto is a part of my investment strategy. BTC is the vast majority of my crypto investment. But crypto as a whole is just one leg of my investments. I am invested in equities (stocks). I have a small real estate portfolio. As I make more money from crypto, I take profits to move some of it to other investments.
I would be richer if I went all in on crypto and took no profits. I would have also had a much more stressful last 7 years due to the rollercoaster ride we have been on. And the next 7 years could be very different. Unless I was very young with very limited assets, I would never go all in on any single investment no matter how bullish I am on it.
Hold that money wait for the next big dip and throw all in 👍
Buy when ever there’s a dip, I recommend buying all at once, but buy what you can afford, and once you have a significant amount get a cold wallet and transfer your bitcoin there, watch out for scammers don’t share your keys with anyone don’t respond to any dms
Never regretted it, but buy the dips not the rips
Might wanna wait