X @Andy

I agree with this, but it’s also a very bull market sentiment take.Here’s why…Cashing out to fiat makes sense if you are wanting to diversify your asset holdings (stocks, gold, real estate, land) while removing the risk of self-custody.For me, the risk of self-custory is entirely real and keeps me worried. Even multisigs.When I “cash out” it’s usually to:- pay taxes- buy other assets to create a somewhat balanced portfolio- reduce mental stress of self-custody’ing a significant portion of net worthThis bein ...