Sometimes it's wild to see how much you still like to call out to the fiat system.
I didn't lose money. I bought something with the expectation that over the course of decades it will multiply in va...
And if you do find yourself wondering if you'll NEED to bail early, well, that's when it's not the worst idea to consider if you'd do better to have some of what I like to call "ballast assets." Things with more liquidity and lower volatility so that when your house burns down in the same weekend that your fire insurance company goes under because of their exposure to some derivative you've never heard of before, you don't have to panic sell your bitcoin, because you're instead just selling your ballast.
I usually consider things like gold, maybe money markets/short term sovereign debt, FDIC insured CD's. It's obviously not something you wanna throw most of your life into, but worth considering that if you have to sell Bitcoin at 58k and buy it back at 200k, you're probably gonna have less bitcoin than if you just built in that buffer and didn't have to sell any.
I usually consider things like gold, maybe money markets/short term sovereign debt, FDIC insured CD's. It's obviously not something you wanna throw most of your life into, but worth considering that if you have to sell Bitcoin at 58k and buy it back at 200k, you're probably gonna have less bitcoin than if you just built in that buffer and didn't have to sell any.