Can we get some color in the comments from the 3 who voted 61+%???
I voted for 61%+.
I've long been a big believer in bitcoin and what it stands for. I've written extensively on the subject on these forums, but have since been quiet on the subject since people on these forums tend to be stuck in their beliefs one way or the other more than most other places of discourse. So there doesn't seem to be much benefit in having that debate here.
I'm 38 and I've been a long time "mustachian" and have been saving between 50-60% of our (joint with my wife) income for many years. I started saving money in bitcoin back in 2015 when it was just a couple hundred dollars. It was at that point that I just made it a regular part of my after tax investment strategy. I've always maxed out my tax advantaged accounts first such as my 401k (403b for wife) and Roth IRA, etc. When it comes to stocks I just go with a passive strategy of index funds. So after all that, a good portion of my after tax savings went into bitcoin. I've always been a big believer in investing in what you know. I don't know enough of any given company to choose to invest in them, so that's why I choose to go with index funds. But I have been deeply involved with bitcoin and its technology and so that's where I feel comfortable choosing to have my money there.
Since then, bitcoin just took off and has outpaced all my other investments by a large margin. I now have over 7 figures in bitcoin. I still believe in bitcoin and what it stands for, so I have no intention of cashing out or rebalancing in any way. I live with very modest annual expenses, so I just don't see the benefit of cashing out a large chunk at once and being forced to pay massive sums in capital gains simply to rebalance into other assets that I also hold a fair amount of. Rather, I can simply live well below the $80k lower tax bracket for long-term capital gains and instead pay 0% on any bitcoin expenses when I decide to FIRE in the next year or so. Volatility doesn't bother me in the slightest since my FIRE plan is very flexible and my expenses are low. At the end of the day, while I am extremely fortunate for the wealth that bitcoin has provided me, it was really my mustachian lifestyle and values that allowed me to achieve that. Had I been extravagantly spending with my income, then I never would've gained the wealth I have. Bitcoin chewed off several years from my original FIRE date, but I still would've been retiring extremely early by today's standards thanks to a frugal lifestyle even without bitcoin.
FWIW, I don't feel there is much value in the broader cryptocurrency market and 99%+ are just marketing and buzz words with little actual value for society and at worst, outright scams. Thus, I've never saved any money in anything other than bitcoin when it comes to crypto-currency.