Made a decision that I'm going to start moving the majority of my investible liquid assets into the crypto market. I'll be doing this though the rest of the year, and on a go-forward basis.
I've mentioned before that there is no easy way (yet) to diversify my net-worth into crypto without actually having to make purchases on the exchange, or start a small scale mining operation. Something that solves this problem would be a diversified investment vehicle that could be purchased on my behalf or automatically, and preferably available to me through my employer.
I understand this may be asking a lot (having BTC or other crypto purchased for me), but the recent news from Fidelity and their inclusion of a portfolio management tool for an individual's bitcoin holdings is very interesting. Fidelity has been outright about their thoughts on crypto, and realize that it can and will disrupt the financial services industry.
While I'm not saying a vanguard based solution or something similar is the best solution, I believe that it may be a way for the average person to increase the exposure to this new asset class. If I had the option to put a percentage of what comes out of my paycheck into that would typically go to my 401k but could also be used to purchase bitcoin or another crypto... I would sign up immediately.
One thing that would make the Roth IRA route somewhat of a non starter is the fact that we yet to have defined legislation around cryptocurrency and taxable events, capital gains in particular.
I wouldn't mind a direct deposit straight to my TREZOR Wallet in bitcoin either... It will be interesting to see if a vendor attempts to bring this functionality to large corporates. I suppose targeting C-suite executives at payroll services and SAP or Oracle integration might be necessary.
With that being said, I have no plans to cash out of my 401k and dump it into crypto. I enjoy the diversification of low-cost index fund investing for the long term to supplement my new found love for blockchain based investments.