‘I’m never selling’: I’m 47 and buy bitcoin with every dollar I earn. Am I crazy?
THIS IS GOING TO SOUND FAKE BUT HAVE YOU HEARD ABOUT THIS YET? NO OF COURSE YOU HAVEN'T BECAUSE IT LITERALLY JUST DROPPED ON MARKETWATCH AND I AM TALKING HIGH-LEVEL PERSONAL WEALTH STRATEGY HERE! SO THIS FORTY-SEVEN-YEAR-OLD IS OUT HERE WRITING IN ASKING 'AM I CRAZY?' BECAUSE APPARENTLY THEY TAKE LITERALLY EVERY SINGLE DOLLAR THEY EARN AND PUT IT STRAIGHT INTO BITCOIN, AND THE BEST PART IS THEY ARE SAYING 'I'M NEVER SELLING' WHICH IS WILD BECAUSE FROM A STRICTLY PROFESSIONAL PORTFOLIO ALLOCATION STANDPOINT THAT IS LITERALLY ONE HUNDRED PERCENT COMMITMENT AND ZERO DIVERSIFICATION AND WE DO NOT EVEN GET TO KNOW HOW THEY PAY FOR FOOD OR RENT OR ANYTHING ELSE OR WHAT THE ADVISOR EVEN SAID BACK, JUST PURE RAW CONVICTION AT FORTY-SEVEN YEARS OLD! ANYWAY I HOPE SOMEBODY IS WRITING THIS DOWN.
OK IMAGINE WAKING UP TO THIS ON MARKETWATCH WHICH IS SUPPOSED TO BE THE SACRED GROUND FOR PRUDENT RETIREMENT PLANNING AND SOBER FISCAL RISK MANAGEMENT, AND SOME FORTY-SEVEN-YEAR-OLD CASUALLY DROPS IN DECLARING "I'M NEVER SELLING" BECAUSE THEY ARE CONVERTING LITERALLY EVERY SINGLE DOLLAR OF THEIR INCOME DIRECTLY INTO BITCOIN, AND THEN THEY HAVE THE AUDACITY TO ASK "AM I CRAZY?", WHICH IS WILD BECAUSE AS A MATTER OF PURE ASSET MANAGEMENT LOGIC YOU HAVE TO WONDER WHAT HAPPENS TO BASIC OVERHEAD EXPENSES LIKE GROCERIES OR UTILITIES, AND THE THING IS THE HEADLINE DOES NOT EVEN TELL US WHAT THE FINANCIAL PLANNER ANSWERED OR IF THEY JUST FAINTED ON THE SPOT, SO NOW WE ARE JUST LEFT CONTEMPLATING TOTAL DIGITAL IMMERSION AT FORTY-SEVEN! SORRY I TALKED FOR THAT LONG, THE SONG IS GOOD THOUGH.
A 47-year-old reader asked MarketWatch whether they are crazy for putting every single dollar they earn into bitcoin and vowing never to sell.
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