I have about half of my net assets in crypto: am I dumb

Deloitte / Eng
halal69

Go to company page Deloitte Eng

halal69
May 17, 2021 25 Comments

Didn’t start this way, but with gradual increases in btc and etc price despite the dips Im way up and now half of my net worth is in crypto.

Im not rich, especially not by blind’s bar. Is it dumb to keep half of my assets in crypto? Primarily eth, btc and some dash/compound.

What should I put my money in otherwise?

Rest is balanced in tech etfs, boring dividend stocks and 401k.

Age 26, net worth ~150k

TC 230k

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TOP 25 Comments
  • Crypto all in and hold till 2025. Thank me later.
    May 17, 2021 10
    • Amazon
      dfEu75

      Go to company page Amazon

      dfEu75
      By that definition, a lot of stocks are ponzi schemes too. Sounds like you don't know what ponzi schemes are either. A lot of not-knowing for someone with such strong opinions. Any 8 year old can watch a few YouTube videos to mine ETH btw, doesn't mean they understand crypto.
      May 19, 2021
    • Workday
      my dude

      Go to company page Workday

      my dude
      Yeah. A lot of stocks are Ponzi schemes too… like GME. Don’t fool yourself just bc you’re a crypto supporter
      May 20, 2021
  • Dell / Eng
    SHIB🐕🚀🌛

    Go to company page Dell Eng

    SHIB🐕🚀🌛
    You are young and can afford a higher risk profile- if you believe in crypto long term, you are ok. Personally I have about 10% of liquid assets in crypto but I’m 10 years older. Generally I try to keep high risk stuff in the 10% range. Options in 401k accounts, and crypto in liquid accounts.
    Also there is nothing wrong with taking some profits and diversifying if you get stressed by the risk.
    May 17, 2021 0
  • Seriously man. Please diversify. You don’t have to sell all your crypto
    May 17, 2021 2
    • Microsoft / Cust. Srv.
      BLOCC⛓️GOD

      Go to company page Microsoft Cust. Srv.

      BIO
      godlike
      BLOCC⛓️GOD
      Yes. Diversify into more coins. You can have 100% net worth in crypto this way
      May 17, 2021
    • New
      QR‎

      New

      QR‎
      Ok sure. Diversify into slow-ass index funds that *might* give you 5% after inflation, after 20 years 🥱
      May 18, 2021
  • Amazon
    bull parade

    Go to company page Amazon

    bull parade
    Rip
    May 19, 2021 0
  • Apple
    XfGE27

    Go to company page Apple

    XfGE27
    Didn’t realize Deloitte paid that much
    May 17, 2021 0