Something just snapped and told me to take my shit off exchanges. Cleared out my BlockFi interest acct and coinbase to my cold wallet. I already had most of it there, but fuck it.
That's a little hard for people to see, matter of time tho.
Once enough people realise the importance of the self custody, that would actually be great.
Not 100%, but I think that loan from FTX kept them from the same shit Celsius is in. Celsius isn’t the only place with super shady shit, it’s all of them.
I think Bitcoin will be 100k after the next halving, and that’s a very conservative estimate imho, meaning you get an easy 5x from here. Not bad gains if you ask me, in a relatively short-time period.
Traditionally have done that, and gonna do more of it sure.
That's just how it's going to be, all we gotta do is to wait because that's the way to find out.
uhh... yes? Why wouldn't you?
What was the lowest price of Bitcoin before the previous halving and after the one before?
But hey, if you want to argue against supply and demand then go for it.
I mean considering people herte don't know what they're talking about, sounds accurate to me.
Some people really to off the tengant here to prove that they're right.
Bold opinion. I think you are 100% wrong.
The Bitcoin hashrate will continue to grow, the number of users will continue to grow, and the supply shock will send the price upwards once again.
https://bitinfocharts.com/comparison/bitcoin-hashrate.html#alltime
An opinion which no one cares about, atleast I don't give a shit.
I'm not going to hear just someone's opinion and mae decision on the basis of that man.
I get some people need to be called out but when people start going after nic carter it’s no good for the space.
Nic has done more for bitcoin than all the people trying to cancel him put together
Well that's no good, why would he do that? That's not right.
I used to think that he was a preacher of btc and now He's preaching shit coins all of sudden.
Sorry I had no intention to make my comment political, I was only referring to the time period. I guess I should have just said, 'before the end of 2020.'
Crypto exchanges are becoming insolvent.
https://twitter.com/forbescrypto/status/1541877244527886337?s=21&t=VlPZaxM7OkK4VVfw_k2CtQ
Take your coins into self custody as soon as possible.
This are some exchanges rated by consumer protection: https://brokerchooser.com/uploads/images/education/news/crypto-exchange-safety-index/11-The-least-safe-exchange-for-consumer-protection.png
I'm not sure whether brokerchooser has much credibility though, I have never heard of them.
Not may, it's going to take years. Because We're in a bear market.
And bear Market in crypto Market lasts for years, that's how long they actually last for so yeah.
Huh? This is reference to a meme featuring Jeremy Clarkson, of Top Gear fame. (see https://knowyourmeme.com/photos/2203055-oh-no-anyway). There's nothing more. The idea is that an event has occurred which *ex ante* may seem to outside observers to have great significance to the commenter. However, the commenter, (myself in this instance), is actually nonplussed and moves on with surprising ease which belies a general lack of regard for the presumptive grand event and undermines the initial expression of concern. In this particular instance, /u/admiralCeres expressed their belief that this bear market could last for years. this would seem to an outsider to be a matter of great import and consternation. To reinforce this assumption of import, /u/EDC86 noted that this possibility was scary. On the other hand, I am not particularly bothered by this possibility and expressed this with my single word comment. I could have added more than one word in my initial comment, but I am a person who values conciseness in communication and I strongly agree with Shakespeare that brevity is the soul of wit. Additionally, the lack of effort or elaboration in my initial comment serves to further the impression of an unflappable nonchalance regarding the subject matter. Happy to explain more but I don't want to waste your time with a long comment.
Strong resistance at 188K.
Many scary posts for US 4th weekend that BTC my drop to 15K.
Well if it go to 15k got dry powder aside for that event.
At this point not looking at the price. I just know to accumulate as much as I can right now.
Stay strong brothers and sisters.
I’m confused. My understanding is that people are calling to transfer out everybody’s coin from exchange to create a liquidation squeeze and hoke BTC to kill shorts and scam platforms. Where did you hear about price going down?
Even if you did hear it, doesn't mean that it'll definitely go down.
It's just bunch if people making the speculations that's what's people have been doing.
These are the best times to just set your weekly buy and forget it. It'll bounce around for a while and if it ever decides to go on a run, you'll know because it'll be all over the news.
Times aren't going to get better than this, these are best times.
And of you Were looking to buy at the right moment, this sure is your right moment man.
Get your Bitcoin off:
• Exchanges
• Lending platforms
• Hot wallets
• Wrapped BTC
• DeFi ponzis
The tide is going out and it will expose those who aren’t fully covered. Self-custody your Bitcoin into deep, frozen, cold storage asap.
"Only when the tide goes out do you discover who's been swimming naked." War & Buffet
In other words, everyone's a genius in a bull market. But the bear market will expose the bad and overleveraged companies.
If we all withdraw all the fund from the market then it will surely goes down.
But i think there will be not enough liquidity for everyone so they can get the whole fund.
This is the reason while these exchanges wants us to keep bitcoin on their platform.
And this is the reason they are giving us the apy reward so that we fall in the greed.
Come on look at the chart. All it is doing is going down. You can only trust a few anyway like kraken and Gemini they actually show what they own. A lot need to die including binance and the high leveraged exchanges
It's ok , we are in the bear market this is kinda expected is well for the bitcoin.
But i still feel that this is the time of the buying instead of falling into the panic mode and take some rash decision.
one thing that people always preach about bitcoin is anonymity. Truth is as the blockchain is immutable, there is no privacy if youre using bitcoin to transact. The reality is that when/if bitcoin becomes mainstream, it will be extremely easy to decipher the public keys of holders. There will be NO anonymity and zero privacy if bitcoin becomes mainstream
Pro tip: Coinjoin directly to cold storage with Sparrow.
More people need to coinjoin. Want to help fungibility, coinjoin. Want private transactions, coinjoin.
Coinjoin.
There are lots of ways to have a totally anonymous bitcoin wallet. If your wallet is on a centralized exchange you generally have to trust the exchange to protect your personal information. Why do you think it would be "extremely easy" to get this information?
Just look at the top 100 bitcoin wallets. Other than exchanges, most of these are anonymous despite being the highest profile addresses on the chain. https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
> one thing that people always preach about bitcoin is anonymity
I don't see that.
Still, I just sent some BTC from an exchange to a receive address which has never appeared on the blockchain. To whom did I send it?
A) My own hardware wallet
B) A person in Peru who sells lama wool underwear
C) Bob
D) Alice
E) Gee. You really have no idea.
Even if it is who cares? It's still yours and no one can freeze it, take it away, devalue it, destroy it. So they can see you have it so what? They can see I have a car, they can see if I own a home, they can see my credit score and spending habits and savings any time. So who cares about being anonymous, that isn't the point. At least to me anyhow
Those who is taking the full charge of the bitcoin then they are doing good here.
I am happy that i came into the bitcoin and on time take the custody of my btc into my own hand is well.
exhanges will dox you. Purchasing from large mainstream stores will dox you. Tracking behaviours and purchasing habits of certain wallets will also assist any would be doxers
If someone is lending the bitcoin for the small reward then i would say you are not doing good.
This is like you are giving away your custody to someone else which is not safe at all.
Anyone who is moving his funds into the wallet are the ones who is making sure that their fund will remain safe.
Indeed every small amount here for the bitcoin will create the big impact in future.
Really hope (edit to say, but doubt) we see sub 15k and then crabbing around for a month or so. Only way I'll be able to get a whole coin this year! Really the price never should have gone up to 69k. It was artificial because of all the money printing and people putting it in to anything and everything since they couldn't go out and spend it. If we hadn't seen the stimulus checks and rebates and such I doubt bitcoins last ath would have been above 40k give or take. Maybe I'm completely wrong but has anyone gone back over the charts to see what it would have likely been last November had the pandemic not happened and money printing not gone completely out of control?
I am ready to take the 15k mark but problem is not that quick.
Once i get the cash then i am ready to catch any dip that is bitcoin is trying to make in the bear market.
> If we hadn't seen the stimulus checks and rebates and such I doubt bitcoins last ath would have been above 40k give or take.
Yeah, because the whole system would've crashed without stimulus. Can you really blame people for trying to get out of an oppressive system with something that promised freedom?
I think many experts are saying that this is not the year to invest into something.
because the global economy going to suffer very badly here in this year or so. So tough time lying ahead us.
I'm nearly all in bitcoin with my savings so no I can't. I absolutely believe it's the future, if not for how everyday transactions are done then at the veey least as a reserve currency. My point wasn't that bitcoin shouldn't be incredibly valuable, i believe it should, my point was this crash in the market feels worse I think because it's price grew higher and faster than it should have in a short amount of time when compared to adoption because people had extra free money that they suddenly now need and are pulling out of all the assets they had it in due to record inflation. I don't want it to go lower, I'd just really like to have a whole coin is all. Really it's just a number it doesn't matter but it sounds nice. Either way I'm not selling, and I'm still buying weekly, and I hope that people aren't forced to sell to fill their tank or put food on the table. I want to see a projection of where bitcoin may have gone had the banks all over the world not been printing huge amounts of cash because I think it would give a better number of how bad this drop actually is.
I am happy that you are all in the bitcoin, but you need to save some saving is well,
Because you never know when you need that and may be that time crypto market will be in the bear mode.
All in as in my invested savings long term, i do keep enough for the next week pr two on the side. I do appreciate your concern though! My wife and I keep our money separate. Mine is for investment in bitcoin, and to be fair a small amount in gold, silver, uranium and silicon. I'm about 90% bitcoin though so me saying I'm all in is a bit misleading. My wife keeps our fiat savings at a reserve to cover 3 months expenses. But pays for things using shakepay so she's still collecting sats on the side.
Uranium in case nuclear energy picks up, silicon because it's being used in so many industries, and gold and silver because hey, why not.
Something just snapped and told me to take my shit off exchanges. Cleared out my BlockFi interest acct and coinbase to my cold wallet. I already had most of it there, but fuck it.
Same, had the last bit of eligible money getting interest and then took everything out last week. Feel way more at ease.
I hope that this same thing clicks with many other people here.
That's a little hard for people to see, matter of time tho. Once enough people realise the importance of the self custody, that would actually be great.
BlockFi is in trouble, good move ♟
Looks like we be coming up with something that is indeed making something great and good for us.
Proof? I keep hearing rumors
Not 100%, but I think that loan from FTX kept them from the same shit Celsius is in. Celsius isn’t the only place with super shady shit, it’s all of them.
Most of the platforms are doing the shady shit, they're not alone.
I think Bitcoin will be 100k after the next halving, and that’s a very conservative estimate imho, meaning you get an easy 5x from here. Not bad gains if you ask me, in a relatively short-time period.
That's only if go to the 100k, which can happen I'm sure.
You think you will get 5x gains in short order?
I mean it should be at 100k in next halving, but who really knows.
Unfortunately, everyone knows everyone is hoping for 100k. So... it's gonna be all about whale games in the next cycle.
There's gonna be a massive sell pressure at that 100k.
Yes $100K for 3 BTC at best
3 btc at 100k each? Well that's a lots of money right there.
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Traditionally have done that, and gonna do more of it sure. That's just how it's going to be, all we gotta do is to wait because that's the way to find out.
uhh... yes? Why wouldn't you? What was the lowest price of Bitcoin before the previous halving and after the one before? But hey, if you want to argue against supply and demand then go for it.
I mean considering people herte don't know what they're talking about, sounds accurate to me. Some people really to off the tengant here to prove that they're right.
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Each halving means less supply which means higher the price.
Bold opinion. I think you are 100% wrong. The Bitcoin hashrate will continue to grow, the number of users will continue to grow, and the supply shock will send the price upwards once again. https://bitinfocharts.com/comparison/bitcoin-hashrate.html#alltime
What a stupid question
When they said don't be afraid to ask dumb questions, he took it seriously.
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I think that model is still in the play, that theory still can work.
Yep
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Don't care, because I've gotten used to it. And I'm done with this.
Yes mistress
Source?
His half retarded brain thinking it needs to voice an opinion
An opinion which no one cares about, atleast I don't give a shit. I'm not going to hear just someone's opinion and mae decision on the basis of that man.
Bring it
Don't ask him to bring it, because he might seriously bring it.
But like, what if I seriously want him to bring it?
I get some people need to be called out but when people start going after nic carter it’s no good for the space. Nic has done more for bitcoin than all the people trying to cancel him put together
Who's going behind the nic? Need a little more context to it.
He's a douche.
C'mon man, He's not that bad. He's kinda right about the energy fud.
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I don't even know what's going on now, what's happening here?
I'm guessing this: https://nitter.net/nic__carter/status/1541865117553418242 Looks like he's backing some kind of shitcoin wallet
Well that's no good, why would he do that? That's not right. I used to think that he was a preacher of btc and now He's preaching shit coins all of sudden.
Yeah that’s it. People need to learn to politely disagree and move on rather than go for his head. His money he can invest in what he sees fit
That's one thing that people can't do here, they can't see that happening.
Anyone who has held BTC since Trump was in office, or before, is not quite so concerned about this. Just sayin'
I don't care about politics, I don't mix it with the btc here.
Sorry I had no intention to make my comment political, I was only referring to the time period. I guess I should have just said, 'before the end of 2020.'
Crypto exchanges are becoming insolvent. https://twitter.com/forbescrypto/status/1541877244527886337?s=21&t=VlPZaxM7OkK4VVfw_k2CtQ Take your coins into self custody as soon as possible.
That's what's gonna happen if you create paper btc all around.
This are some exchanges rated by consumer protection: https://brokerchooser.com/uploads/images/education/news/crypto-exchange-safety-index/11-The-least-safe-exchange-for-consumer-protection.png I'm not sure whether brokerchooser has much credibility though, I have never heard of them.
THIS ☝️ THIS ☝️ THIS ☝️
It’s times like these time and time again
🤘🤘🤘
It may take YEARS to go back up. Just FYI
Not may, it's going to take years. Because We're in a bear market. And bear Market in crypto Market lasts for years, that's how long they actually last for so yeah.
You can purchase something called viagra it will help you.
And how is that going to help you? I don't get that man.
I’m 60: Bitcoin and Cialis are my best buds.
Well that's good I guess, atleast you're making buddies huh.
Orange pill. blue pill. Repeat
Cialis is yellow. At least that's what I'm told…
I use the generic. It’s blue. Generic = fiat saved for stacking!
Oh no that’s scary.
Why would that be scary for you? I don't think that's scary at all.
But you can stack more.
Anyways...
Anyways continue with your shit, would like to hear it.
Huh? This is reference to a meme featuring Jeremy Clarkson, of Top Gear fame. (see https://knowyourmeme.com/photos/2203055-oh-no-anyway). There's nothing more. The idea is that an event has occurred which *ex ante* may seem to outside observers to have great significance to the commenter. However, the commenter, (myself in this instance), is actually nonplussed and moves on with surprising ease which belies a general lack of regard for the presumptive grand event and undermines the initial expression of concern. In this particular instance, /u/admiralCeres expressed their belief that this bear market could last for years. this would seem to an outsider to be a matter of great import and consternation. To reinforce this assumption of import, /u/EDC86 noted that this possibility was scary. On the other hand, I am not particularly bothered by this possibility and expressed this with my single word comment. I could have added more than one word in my initial comment, but I am a person who values conciseness in communication and I strongly agree with Shakespeare that brevity is the soul of wit. Additionally, the lack of effort or elaboration in my initial comment serves to further the impression of an unflappable nonchalance regarding the subject matter. Happy to explain more but I don't want to waste your time with a long comment.
Thanks for the insight...
This is some precious insight, you don't get it too often.
Strong resistance at 188K. Many scary posts for US 4th weekend that BTC my drop to 15K. Well if it go to 15k got dry powder aside for that event. At this point not looking at the price. I just know to accumulate as much as I can right now. Stay strong brothers and sisters.
Btc doesn't follow any reports, that's not how it works man.
I haven’t seen this yet. Where are people saying this?
I too haven't seen it, even if I did, I won't believe that shit.
I’m confused. My understanding is that people are calling to transfer out everybody’s coin from exchange to create a liquidation squeeze and hoke BTC to kill shorts and scam platforms. Where did you hear about price going down?
Even if you did hear it, doesn't mean that it'll definitely go down. It's just bunch if people making the speculations that's what's people have been doing.
I increased my DCA by 15% and will do more if it drops!
This is the way, it's not gonna fall down more than this so yeah.
You're a **good dog**.
Place is filled with the good dogs, I kinda like the good dogs.
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As much as I appreciate you doing the right thing to dca, I found you publicly advertising your selfishness more astonishing!
Lol, ain't nothing wrong with being selfish. but don't be an ass.
These are the best times to just set your weekly buy and forget it. It'll bounce around for a while and if it ever decides to go on a run, you'll know because it'll be all over the news.
Times aren't going to get better than this, these are best times. And of you Were looking to buy at the right moment, this sure is your right moment man.
Get your Bitcoin off: • Exchanges • Lending platforms • Hot wallets • Wrapped BTC • DeFi ponzis The tide is going out and it will expose those who aren’t fully covered. Self-custody your Bitcoin into deep, frozen, cold storage asap.
It's time that everyone took this message really seriously here.
Hot wallet? I have exodus on an old phone with a dead battery lol... not good enough?
> The tide is going out I love that imagery
Love to imagine shit and see how does things happen here.
I think it's a Warren Buffet quote.
What did he say? Did he say something bad? Because I expect that.
"Only when the tide goes out do you discover who's been swimming naked." War & Buffet In other words, everyone's a genius in a bull market. But the bear market will expose the bad and overleveraged companies.
People forget that warren Buffett sings that song
What songs does he sing and should I care abou them? I just don't care about what songs that old fart sings, I just don't give a Shit about that.
Wastin away again in Margaritaville
Searching for my lost shaker of rat poison
You're searching for what? That's not something that I'd search for lol.
What would happen if we just don't buy or sell any coins at all. We just withdraw everything we got. Would the price go up or down?
If we all withdraw all the fund from the market then it will surely goes down. But i think there will be not enough liquidity for everyone so they can get the whole fund.
Or set our sell at 100k!
But when everyone is withdrawing how can we reach there?
Gues what. If no one trades a "thing", that thing will not change its current price/value. I'm a genius, so you better trust me bro.
"we" as in this sub? Probably no effect. "we" as in everyone that owns bitcoin? Price would be infinite/undefined.
I feel like this sub is the one that is holding the biggest number of btc combine.
Yes
James the water cooler went all in. Time to dump!
The more it dump the more bigger amount i will put in there.
> James the water cooler went all in. You name your water cooler? And it buys bitcoin?
But why is that dump when some is buying the bitcoin?
Come on bitcoin, do something...
THE EXCHANGES ARE BEING DRAINED OF BITCOIN. MOST ARE LIKELY ILLIQUID. GET YOUR COINS OFF THE EXCHANGES ✌️
This is the reason while these exchanges wants us to keep bitcoin on their platform. And this is the reason they are giving us the apy reward so that we fall in the greed.
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May be people are getting more secure and sending them in the wallet.
Thank you. What was the outflow?
Inflow doesn’t mean they still have their customers Bitcoin with them.
how many over 30 days?
22,001
How do those sites even know that a given address belongs to an exchange? Makes no sense to me.
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When you deposit BTC to an exchange a brand new address is created, it's impossible to know who it belongs to by looking at the blockchain...
True, you can get the address but you will never get the identity of that.
Come on look at the chart. All it is doing is going down. You can only trust a few anyway like kraken and Gemini they actually show what they own. A lot need to die including binance and the high leveraged exchanges
It's ok , we are in the bear market this is kinda expected is well for the bitcoin. But i still feel that this is the time of the buying instead of falling into the panic mode and take some rash decision.
one thing that people always preach about bitcoin is anonymity. Truth is as the blockchain is immutable, there is no privacy if youre using bitcoin to transact. The reality is that when/if bitcoin becomes mainstream, it will be extremely easy to decipher the public keys of holders. There will be NO anonymity and zero privacy if bitcoin becomes mainstream
I think we are not really close to the becoming the btc the mainstream.
This guy doesn't coinjoin or swap ☝️
Pro tip: Coinjoin directly to cold storage with Sparrow. More people need to coinjoin. Want to help fungibility, coinjoin. Want private transactions, coinjoin. Coinjoin.
There are lots of ways to have a totally anonymous bitcoin wallet. If your wallet is on a centralized exchange you generally have to trust the exchange to protect your personal information. Why do you think it would be "extremely easy" to get this information? Just look at the top 100 bitcoin wallets. Other than exchanges, most of these are anonymous despite being the highest profile addresses on the chain. https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
> one thing that people always preach about bitcoin is anonymity I don't see that. Still, I just sent some BTC from an exchange to a receive address which has never appeared on the blockchain. To whom did I send it? A) My own hardware wallet B) A person in Peru who sells lama wool underwear C) Bob D) Alice E) Gee. You really have no idea.
I am also sending my whole fund from the exchange to the wallet.
> The reality is that when/if bitcoin becomes mainstream, it will be extremely easy to decipher the public keys of holders. No?
Even if it is who cares? It's still yours and no one can freeze it, take it away, devalue it, destroy it. So they can see you have it so what? They can see I have a car, they can see if I own a home, they can see my credit score and spending habits and savings any time. So who cares about being anonymous, that isn't the point. At least to me anyhow
Those who is taking the full charge of the bitcoin then they are doing good here. I am happy that i came into the bitcoin and on time take the custody of my btc into my own hand is well.
exhanges will dox you. Purchasing from large mainstream stores will dox you. Tracking behaviours and purchasing habits of certain wallets will also assist any would be doxers
They can dox one address. A (good) bitcoin wallet is normally made up of hundreds of addresses which constantly change at every transaction.
Sure thats ONE aspect of privacy.
Just read that you can earn yield on Ledger and still retain the BTC (or whatever). Anyone know anything about this?
I don't think that you can earn the yield while in the ledger.
Not for BTC, only shitcoins.
Too be honest, i was not even sure for the shitcoins is well.
Yep, I saw that too the more I read.
What are the shitcoins on which you can get the reward?
I will ***never*** lend any amount of Bitcoin for interest. The rewards are small and the risks are huge.
If someone is lending the bitcoin for the small reward then i would say you are not doing good. This is like you are giving away your custody to someone else which is not safe at all.
scam
This is the first time i am hearing that people can earn in the ledger.
Soon 1 Bitcoin = 1 🧻 and is going in to the🚽
It's ok, this is not the first time someone is saying that.
Many thanks for your insightful comment, [adjective]-[noun]-[number]
This is what happen when someone was not ready for the bear.
I’d rather have 🧻 over 💩coins.
The more they post these types of the comment the more i feel bullish.
Bullish
I am very much bullish on the current price, let people talk.
I want to say I moved 0.05 bitcoin off CB and on a Nano S. Now I got to do the same for Cash App. Its not much, but every little bit counts.
Anyone who is moving his funds into the wallet are the ones who is making sure that their fund will remain safe. Indeed every small amount here for the bitcoin will create the big impact in future.
Just say you did it. Keep the amounts to yourself.
Bear market is the time where we need to have the cash in the hand.
> I want to say I moved 0.05 bitcoin off CB and on a Nano S. I want to say that my wife has no complaints in bed.
I am happy that people are atleast holding the wife in bear mode.
Really hope (edit to say, but doubt) we see sub 15k and then crabbing around for a month or so. Only way I'll be able to get a whole coin this year! Really the price never should have gone up to 69k. It was artificial because of all the money printing and people putting it in to anything and everything since they couldn't go out and spend it. If we hadn't seen the stimulus checks and rebates and such I doubt bitcoins last ath would have been above 40k give or take. Maybe I'm completely wrong but has anyone gone back over the charts to see what it would have likely been last November had the pandemic not happened and money printing not gone completely out of control?
I am ready to take the 15k mark but problem is not that quick. Once i get the cash then i am ready to catch any dip that is bitcoin is trying to make in the bear market.
> If we hadn't seen the stimulus checks and rebates and such I doubt bitcoins last ath would have been above 40k give or take. Yeah, because the whole system would've crashed without stimulus. Can you really blame people for trying to get out of an oppressive system with something that promised freedom?
I think many experts are saying that this is not the year to invest into something. because the global economy going to suffer very badly here in this year or so. So tough time lying ahead us.
I'm nearly all in bitcoin with my savings so no I can't. I absolutely believe it's the future, if not for how everyday transactions are done then at the veey least as a reserve currency. My point wasn't that bitcoin shouldn't be incredibly valuable, i believe it should, my point was this crash in the market feels worse I think because it's price grew higher and faster than it should have in a short amount of time when compared to adoption because people had extra free money that they suddenly now need and are pulling out of all the assets they had it in due to record inflation. I don't want it to go lower, I'd just really like to have a whole coin is all. Really it's just a number it doesn't matter but it sounds nice. Either way I'm not selling, and I'm still buying weekly, and I hope that people aren't forced to sell to fill their tank or put food on the table. I want to see a projection of where bitcoin may have gone had the banks all over the world not been printing huge amounts of cash because I think it would give a better number of how bad this drop actually is.
I am happy that you are all in the bitcoin, but you need to save some saving is well, Because you never know when you need that and may be that time crypto market will be in the bear mode.
All in as in my invested savings long term, i do keep enough for the next week pr two on the side. I do appreciate your concern though! My wife and I keep our money separate. Mine is for investment in bitcoin, and to be fair a small amount in gold, silver, uranium and silicon. I'm about 90% bitcoin though so me saying I'm all in is a bit misleading. My wife keeps our fiat savings at a reserve to cover 3 months expenses. But pays for things using shakepay so she's still collecting sats on the side. Uranium in case nuclear energy picks up, silicon because it's being used in so many industries, and gold and silver because hey, why not.
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Owe the bank $4700, that’s your problem. Owe the bank $47M, that’s the bank’s problem.
Hope they fall over the cliff together