Muh profits….
Your profits should be just fine... as long as you leave them in Bitcoin and don't do sometning foolish like investing them in fiat currencies.
Investing in Fiat is a full degen gamble. The USD has been on a constant slide over the last 50 years: trying to time the market, investing in a rise of the dollar, is pure gambling.
Don't invest in USD more than you are willing to lose.
absolutely wrong.
the dollar is like toilet paper.
you do not invest in it.
you use it and flush down the toilet.
I have zero idea if El_duderino has 1000 btc and 100,000,000 dollars or less.
But to a certain degree I suspect he has f u amounts and is more or less lamenting that
the btc he has dropped 10% in value.
Has investors stop considering the fact that inflation is real? If yes then they need alot of briefing to understand how to make good investment decisions.
Beside stable coins are ment to be used to hold your money for those who are anticipating a particular price level before they buy, it doesn't pose any investment opportunity.
Stable coins are the stupidest fucking invention ever made. they are so fucking bad they are not even a shit coin.
If I have 10,000 in usd cash on PayPal I get 3.8% interest and I am fully insured up to 250,000 worth of usd.
If I hold 250,000 in usdt I get 4% and zero insurance.
If they ever pay back they pay back in usdt. Which is always a dollar.
So I gamble 250,000 in value for about 0.002 extra interest.
How stupid is that.
Really fucking stupid.