Honestly, if we done with the FTX dump, it was not as worse as it should have been. Just proves we near bottom. Down 2k after this massive attack on Crypto. This was bigger than Mtgox. I keep skeptical because of the coming recession so I will keep some fiat instead of jamming all into Bitcoin now but still surprised.
It is proper to put money in many areas or places and it is not recommended to put money in one place only. Because if your goal is to make lots and lots of profits, then putting money into lots of businesses and investments is a very good solution. Because when you experience losses in one business, you still have hope in other businesses. But if you just want to save money to spend in life during a recession, I don't know what advice to give you.
I put ALL, really all my eggs in one basket in 2013. And that was Bitcoin. I was damn lucky. And I holded to this day. Cant remember at what price but I sold 2% of my Bitcoin this year. And thats the fiat I have now. I have no clue about investing and other assets. Was planning to buy some physical gold or silver in case of we get the you will own nothing and be happy agenda. If that happens, they will take away anything from us including Bitcoin. But still you can hide physical gold somewhere. Even though its difficult to travel with.
I wish I would have cashed out 20 or even 30% at 69k. So I could invest in a nice house now and rent it for passive income. But then again, if the WEF agenda succeeds, they will take away houses and anything else.