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if you have less than 80% of your net worth in crypto then you are legit retarded

hate to break it to you, but your statement is an extreme and absolutist take on asset allocation. sure, cryptocurrency offers certain advantages such as decentralization, censorship resistance, and mathematically verifiable scarcity, but placing 80% or more of one’s net worth in it carries concentrated risk due to volatility, regulatory uncertainty, and technological vulnerabilities.

also, prudent portfolio management typically balances multiple asset classes: cash, equities, bonds, real estate, and alternative assets, based on one’s risk tolerance, time horizon, and liquidity needs. even if one believes in cryptocurrency’s long-term dominance, diversification remains the cornerstone of wealth preservation.

p. s. if your goal is to persuade others rather than provoke, reframing your argument in terms of risk-adjusted returns and systemic resilience will be more effective than blanket declarations
 
hate to break it to you, but your statement is an extreme and absolutist take on asset allocation. sure, cryptocurrency offers certain advantages such as decentralization, censorship resistance, and mathematically verifiable scarcity, but placing 80% or more of one’s net worth in it carries concentrated risk due to volatility, regulatory uncertainty, and technological vulnerabilities.

also, prudent portfolio management typically balances multiple asset classes: cash, equities, bonds, real estate, and alternative assets, based on one’s risk tolerance, time horizon, and liquidity needs. even if one believes in cryptocurrency’s long-term dominance, diversification remains the cornerstone of wealth preservation.

p. s. if your goal is to persuade others rather than provoke, reframing your argument in terms of risk-adjusted returns and systemic resilience will be more effective than blanket declarations
being prudent is literally the worst thing you can do with your money
 
prudent • \PROO-dunt\ • adjective. 1 : marked by wisdom or judiciousness
 
-twodigitiqcel
 
jfl at these sheep still entrusting their wealth in banks, pieces of paper and pixels on a screen instead of foundational mathematics
High iq
 
good thread. tho crypto isn't completely independent of fiat or even well enough adopted yet to be useful day to day. hopefully that will change.

still I've invested all of my (extremely limited) means in crypto for those same reasons. my actual bank balance has been sitting at zero since January.
 

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