‘I’m never selling’: I’m 47 and buy bitcoin with every dollar I earn. Am I crazy?
A 47-year-old individual says they automatically allocate every dollar they earn into bitcoin, routing their paycheck into the cryptocurrency and declaring they will never sell. The piece frames this as an extreme example of dollar-cost averaging and long-term conviction in bitcoin ownership.
Why It Matters
This personal strategy highlights how some savers use automated purchases to maintain continuous exposure to bitcoin, illustrating behavioral approaches that can influence demand for the asset. The story raises questions about long-term conviction and risk tolerance among individual crypto holders.
Key Facts
- Subject age: 47
- Action: Buys bitcoin with every dollar earned
- Paycheck handling: Paycheck is routed into bitcoin purchases
- Public statement: Says 'I'm never selling'
A 47-year-old bitcoin holder says they direct their earnings straight into the cryptocurrency, describing a routine where each paycheck is rerouted into bitcoin purchases. The individual frames this approach as a permanent allocation, saying they will not sell their holdings. Their remark — "I'm never selling" — underscores a firm, long-term stance toward ownership.
The arrangement appears to be an automated saving habit: rather than treating their paycheck as cash for discretionary use, the person funnels those funds into bitcoin as they arrive. That practice resembles dollar-cost averaging, a method where investors buy fixed amounts of an asset at regular intervals to smooth out price volatility.
The account serves as a personal example of how some people build crypto exposure through automated contributions and strong commitment to holding. It reflects a behavioral approach to accumulation and risk — converting routine income into a single asset class and maintaining a declared unwillingness to liquidate.
Beyond the individual's claim and mechanics of their payment routing, no additional details about their financial circumstances, reasons for the decision, or the size and performance of their bitcoin holdings were provided. The story is a snapshot of one person's steadfast strategy rather than a broader analysis of outcomes for others who follow similar practices.
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