That's fine, you know your tolerance for risk and have done your research. My fear is that now that BTC can be used as collateral for loans, those banks aren't going to have that risk appetite, when the next major downturn happens they're going to panic and liquidate the collateral as is allowed in the contract. Its going to have a cascading effect, scaring out the ETFs and destroying any confidence crypto has built up.
If Michael Saylor's company sells even one BTC its going to crater.
Ppl were a bit more optimistic then that at the Mining Disrupt conference last week. But hey, I buy coin an hodl like it’s a stock. Lovin this dip.
That's fine, you know your tolerance for risk and have done your research. My fear is that now that BTC can be used as collateral for loans, those banks aren't going to have that risk appetite, when the next major downturn happens they're going to panic and liquidate the collateral as is allowed in the contract. Its going to have a cascading effect, scaring out the ETFs and destroying any confidence crypto has built up.