It's easy for fiat to move into crypto, but it's not so easy getting back out (when you're talking about profits and a rising market).
And then you've got TAX considerations. When you convert to fiat, you have to report it, and with no cost basis, holy shit batman, there goes a good 40-50%, if you're lucky. And transaction costs. And slippage. Etc.
There are lots of sound reasons why it's better just to leave it in crypto. A crypto milk cow is what I've got for life. ;-)
I'm sure that's the attitude many have, and accounts in large part for why Bitcoin profit takers are staying inside crypto by buying Alts.
agreed. it's a fucking cluster-fuck of bullshit.