@mindrust, you should know a bit better with the words if it goes to zero.... to many strong hands and fundamental believers....
I hope you will invest a bit and at least buy a full BTC to HODL, start some DCA again and stay interested.
I do understand the feeling of being over invested isn’t easy to live with, but nothing comes easy in life.
Buy btc cause you don’t trust the current system, buy btc for financial freedom and don’t let fiat wealth be the main factor...
Cheers and be safe and happy with your decisions
Obviously It cannot go to zero as long as the network functions but it can go to $3-5k and stay there for a long time if the world economy loses its shit completely. Maybe even $1k.
If people can't find money to eat, would they buy crypto? nope. The only thing that can prevent this from happening is the FED and its printer but what if the printer go kaputt?
There is another thing...
I am starting to feel weird about this tether stuff lately. It bugs me a lot tether staying at the 4th spot on CMC.
What if that 6.4Billion USD is the amount Finex created out of thin air is to keep bitcoin alive (alive in contrast of dead, $1k) and that's the exact amount that people extracted from btc over the years? They created that 6.4B to keep BTC from collapsing, maybe? Because otherwise that 6.4B means Bitfinex owns 6.4B worth of assets which is, kinda, bullshit you know.
Thinking about this gives me more and more warnings about this thing so yes, I'll keep my position small and will keep extracting money when it reaches a certain size.