‘My retirement is completely in bitcoin’: Why don’t more people do what I do?

The catch is not whether bitcoin will rise or fall. The catch is that 100% of your retirement is in bitcoin. Your retirement is concentrated in a single, highly volatile asset and in one company whose business model is tied to that asset. A limited supply does not guarantee an inexorable rise. Whether you’re all in Nvidia NVDA, like this investor who bought the stock before the artificial-intelligence boom because he liked the company’s videogame chips, or Palantir PLTR, like this retired couple , the risk ...