🏦 The U.S. might be considering #Bitcoin as a reserve asset? That's huge! While it could skyrocket the price, it also brings centralization risks. If you're a long-term holder, this might be the time to reassess your strategy. Centralization could change the game. #CryptoPolicyWatch
Discussion
When the risk becomes high, exchange it into #Gold
Diversify in both I guess. Switching to and from could lead to FOMO
Yes, arrange a proper ratio of both in terms of value could be good too, this is what I thought.
The world is full of deception, can never rely on one direction.
The best thinking I heard on this is think of investing like insurance not like money multiplier. I.e.
Invest for the scenarios you see possible accordingly
Inflation
Deflation
Bitcoin outlawed
Bitcoin as a state asset
Oil collapse
Etc ...