Going all-in on Bitcoin—stupid or understandable? 🟧

Don't go "all in." My opinion hasn't changed over the past 4 years, and you can read it here:
https://getqu.in/0WFLWi/

If you like, you can certainly give Bitcoin a high weighting in your portfolio.

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Wealth-Accelerator@Wealth-Accelerator

@DonkeyInvestor Perfect, thanks, dear donkey! I'll check it out right away 👍👍

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AI sagt@GoDividend

@DonkeyInvestor Who actually elected you president in the meantime? 🤣

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@GoDividend Since when do you need elections for that? 🤷‍♂️

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@GoDividend Manipulation and Fake News

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Stefan21@stefan_21

I took the plunge in 2022 and shifted my entire stock portfolio into Bitcoin. I’ve never regretted it.

But I can’t say it’s easy when my entire net worth plummets by 50% yet again 😅 I’m so convinced of Bitcoin’s potential that I can weather these downturns, take advantage of them, and buy more. I do think, though, that this isn’t for everyone.

And I, too, would like to diversify a little again in the future. My ideal allocation would be about 70% BTC and 30% global ETF. That way, I’ll have some upside potential, but also some downside risk during bear markets.

Think this through carefully and don’t act on emotion just because BTC has risen sharply in recent days. Sleep on it for a few days and really think it through. That would be my advice😘

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@stefan_21 Thanks for the advice 👍 In that case, I’ll let it all sink in for another week or two before I do anything.

And even if I do decide to go for it, it won’t happen overnight anyway 😄 My ETFs are still with Scalable. It can easily take 10 days for them to be sold, the taxes to be paid, the money to be deposited in my main bank account, and then transferred on to TR 😂

So I’ll inevitably have a little more time to think it over, haha

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@stefan_21 What? Sleep on it for a few nights? By then, Bitcoin will have easily broken the 150k mark.

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@DonkeyInvestor Don't scare me like that😭

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Solitair@Solitair

@DonkeyInvestor Yeah, it's about time—I was just about to ask you why it's taking so long.

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@Scorcer But I do enjoy spreading fear and terror

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@Solitair Sorry, as president, I have other responsibilities as well and can't take care of everything at once.

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Powell@TheRealPowell

I can't say it enough! As soon as it goes up 20 percent after a 50 percent correction, everyone gets hit by FOMO again. Don't rush into anything, or you'll be the next one to get taken out!

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Chris@Psychedelic_Sunflower

@TheRealPowell If my investment horizon is 10 years, feel free to “pick me up” the next time the market takes a dip. Just make sure you can still find me in 2035 😂

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TradingHase@TradingHase

In my opinion, putting all your eggs in one basket is always a mistake unless you’re 100% certain—based on insider knowledge—of a stock’s direction. With Moderna, you could have nearly tripled your money, but those are usually just lucky breaks.
I’m firmly in favor of diversifying your investments.

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21H

Just ask yourself honestly whether you would have taken this step if BTC had plummeted 20% last week instead of rising. If the answer is yes, go ahead and do what you can't help but do. If the answer is no, it's FOMO.

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Solitair@Solitair

Just go with a conservative 70/30 split.
So, 70% Bitcoin and 30% MSCI World.

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Wealth-Accelerator@Wealth-Accelerator

@Solitair But calling a 70% Bitcoin allocation “conservative” is pretty bold, too 😂 I’ve always liked the 70/30 split, though. Thomas Kehl would be proud of me 🥹

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It's about time for this post again: https://getqu.in/17lw5e/ 😉

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Seventrader@7Trader

You are!
You are!
You are!

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Wealth-Accelerator@Wealth-Accelerator

@7Trader You are!
You are!
You are!

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@DonkeyInvestor Getquin claims you're having a conversation in French 😂😂😂

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InvestingJourney@InvestingJourney

@Wealth-Accelerator you are!
You are!
You are!

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Tothemoon99@Tothemoon99

18H

@Wealth-Accelerator If you hadn't written that, I really would have kept thinking it was French 🤣🤣

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I’m also a fan of investing a portion in Bitcoin. But I also have to @stefan_21 that going “all in” on Bitcoin isn’t for everyone. For me, for example, it wouldn’t be the right choice, since I don’t want to take on that concentration risk. I tend to compare Bitcoin to a single stock. Even if it were Apple or Microsoft, I wouldn’t want to go “all in” on them.

The important thing about your decision is that you don’t end up saying later, “I wish I’d done it differently,” even if your plan doesn’t work out 100% the way you imagined. As long as you stand behind your decision, no matter how it turns out, stick with it.

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@InvestingJourney Thanks for your opinion 👍 I definitely understand where you're coming from

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Mike U.@MikeUpegui

In my opinion, Bitcoin is a must-have in any portfolio. But how much should you actually invest? I recommend that you familiarize yourself with Bitcoin and the various strategies for investing in it, if you haven't already. Then you'll be able to make the right decision.

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I don't think you can give any general advice on this. It also depends on how much you want to invest.
In the long run, in my opinion, you can’t go wrong with BTC, but you probably shouldn’t put all your eggs in one basket...
You have to figure out what makes you feel comfortable and lets you sleep soundly.
I’ve been slowly rebalancing my portfolio over the last 8 weeks, but I’ve set a limit of about 25% of my portfolio (though, if things really take a nosedive again, you could always add a little more…—oh crap…).

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@Invest-Fuzzi I currently own 1.59 BTC and would actually like to increase that to at least 2 whole BTC. At the current price, I’m roughly 27k short of that, which I’d have to pull from my MSCI World portfolio and reallocate accordingly.

That would mean Bitcoin would then make up about 62% of my portfolio. It’s obviously a significant concentration risk, but I think I could handle it🥲

Still, I’m going to let it sit with me for a few more weeks before I actually make any reallocations👍

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@Invest-Fuzzi If things really hit rock bottom again, the limit will be blown anyway. We know that all too well😂

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@Scorcer That’s a good starting point… Well, since my portfolio is about the same size, I can totally relate.
I have 1 BTC and actually considered increasing it to two, but then the price went up (too) quickly.
I’m going to wait for now. If it keeps going up, I’ll hold off; if BTC gets back into the 55k range, I’ll top up…
Since you’re quite a bit younger than I am and closer to having 2 BTC, I think you can easily go ahead and buy the remaining 0.41 BTC. It doesn’t have to be right away. I think there will still be (at least minor) pullbacks...

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@Scorcer Yeah, I guess you're right😁

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@Invest-Fuzzi Yeah, I noticed that too when I read your posts and looked at your portfolio allocation, haha. We’re basically in the same boat😂

Just like you described, I want to give it a shot, too. Hoping for some minor pullbacks, and if they don’t happen, oh well. Then my World will just have to take a bit more of a hit😂

Wishing you all the best on your journey, and hoping you still reach 2 BTC at your desired price! 🙌

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@Scorcer Thank you 😊 and I wish you lots of success and a little luck, too 🍀
It's also nice to find two similar strategies and share ideas...

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@Invest-Fuzzi I also think it's kind of funny how similar the priorities and the thinking behind them are 😂 It's nice to see that I'm not alone in this 🥹

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Kris@Mit44inRente

21H

You're a victim of FOMO. You're only having these thoughts now that the BTC price has gone up. That's what I'd think about first.

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21H

@Mit44inRente I've actually been thinking about this for at least a month. A week ago, I finally took the plunge and invested a relatively large sum in BTC. Since a trend reversal might be on the horizon, I'm naturally trying to jump on the bandwagon in the hope that this is the start of a new bull market. Obviously, FOMO is kicking in now 😂

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Kris@Mit44inRente

20H

@Scorcer My humble advice: You’re young and can—and should—take more risks. But only 10% manage to beat the market in the long run. What makes you think you’ll be among that 10%? I’d consider your All World ETF as your core holding—and keep it that way forever. It will always deliver the market’s return. Going “all in” on BTC could pay off, but would you be okay if all your money were gone tomorrow? You need to ask yourself that question seriously.

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Pazzzi@Pazzzi

19H

When you're young, it's perfectly fine to take on higher risks. In my opinion, however, this is better suited to investments like individual stocks, where you can identify value based on fundamentals or speculate on predictable trends. I’m a Bitcoin investor myself, but with Bitcoin, it’s impossible to assess fundamental trends or price movements. That’s much easier with individual stocks.

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Charmin@Charmin

15H

Bitcoin isn't an investment—it's gambling. I would never go all-in on it, especially since there are so many other assets with great potential right now.

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TheCashConcierge@TheCashConcierge

11H

@Charmin Yeah, there's something to that. We're going through an exciting time with stocks right now, too.

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20H

I've done it before, but I wouldn't do it again. A profit of just under 100k plus 50% tax-free is all well and good, but I would have been better off with gold.

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Hodlinvestor@Hodlinvestor

19H

You’re young. If you think you should go all in on BTC,
then go for it.
Nothing’s worse than the feeling of not having done it when you were convinced it was the right thing to do back then!

If it goes well, you’ll be happy; if it goes wrong, your conscience will be clear.

A win-win situation. 🤣

Personally, I wouldn’t do it—I’d always have had way too much to lose.
And I’m not that young anymore, either.
It would have been really hard to make up for those losses.

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