/biz/ - Business & Finance

>>51588689
>what can be done to derisk?
like...get the fuck out asap?
first of all, watch it burn from the outside
there are better places where you can earn and live more comfortably for the same efforts
second, market is (still) pricing BTC as a "risk on", but:
1) i don't want any single counterparty risk in this historical moment, and BTC is great for that
2) the market is not pricing in a major and widespread global currency collapse
EUR, GBP, YEN, are all fucked (and there are plenty of currencies doing a lot worse than those)
so i stay 100% in BTC and keep my mind busy with other things i like doing
since life in SEA is cheap, i'm not even employed right now, just refreshing some cryptography and coding a small wallet for some embedded device, spending a lot of time with my wife and my kids, etc.
even if BTC crashes at 10k, my stack is still retirement money, so...