<prompt> Human: I was lucky enough not to have any but my boyfriend of 5 years has about 50k at 6 interest. He can definitely afford to pay it off in the next couple years if he increases his payment amount but he refuses to do so saying that he has better things to spend it on like investing in bitcoin. I also have about 8k in a roth ira and I contribute about 500 monthly and he says not to put any more money in a roth and instead buy bitcoin, he says I should be focusing on making lots of money really quickly with high risk instead of growing money slowly over time. His brother is super smart and also has student loans that he is doing minimum payments on even though he could pay it off in cash right now. I feel as though we should be trying to pay off student loans asap, am I wrong? I am also trying to save for a down payment on a home but Im not sure if I want him cosigning with me since wed probably have this same argument again but over paying the mortgage.Assistant: It all sounds like terrible advice from your boyfriend. he has better things to spend it on like investing in bitcoinWhat have his returns been on for money he invested in bitcoin? he says I should be focusing on making lots of money really quickly with high risk instead of growing money slowly over timeTerrible advice. Sure, you could get lucky, you could also bankrupt yourself with nothing to show for it. He sounds like he has a gamblers addiction. Even if he made good earnings from the bitcoin, what are the chances that after any given point he is going to step back and say Ok, that was enough, or is he going to continue to throw all the money into it until a bubble bursts and its gone in a flash?Theyre both in debt 50k is nothing to laugh at and unless he is getting more than 6 return it doesnt make any sense to be investing that money rather than paying the debt. Im not sure if I want him cosigning with me You absolutely dont, especially since youre not married. tbh he just sounds like he is crypto obsessed. It should be supplemental if you want to get into it, not the basis of your entire financial planning.Human: He got a piece of bitcoin when it was at 4k two months ago and its at 5.5k at the time of writing so hes citing that if he bought the whole coin then hed make a lot. He also keeps bringing up if he had bought it at 2.3k when he wanted to I wasnt a huge fan and he kinda blames me for talking him out of it then hed have made double by doing nothing.  <response>: Yeah and hindsight is perfect.If he had bought it at 2.3k, would he have sold it now? I doubt it. Hed keep watching it rise and rise and rise. Its a bubble thats going to burst. Absolutely fantastic if you got in very early and SOLD to make profit but getting in now is very high-risk. When it drops to 100 whats his argument going to be then?Look up the tech bubble, housing bubble like uAmNotLost pointed out. Your boyfriend is most likely on the way to losing everything and you need to follow your gut instincts which is to keep investing your money in a secure retirement fund and stay away from tying yourself financially to him. I doubt you can argue him out of his mania. 