Nope.

I'd never borrow for anything.   

Zero debt is freedom.

How else to calculate your millions if you don't convert your btc into fiat?

Just like with stock... it's only a paper gain until you sell. 

 

Well, I don't think you can say anything with a 100 billion+ market cap is "dead."   Especially from the point of view that it in itself does not incur operating costs like a bank or any other business.   That said, comparatively speaking, if you go by market cap, it's somewhere between Citibank and Goldman Sachs.  However if you're going to look at it from a purely liquid cash standpoint, it's much smaller than that, smaller than say Charles Schwab or HSBC (USA).   From either point of view though, it's not dead.

I think what many people mean is that their own personal investments in crypto, including btc, are 'dead.'   That is, you're bleeding, in the red, and possible with funds that are borrowed (or worse yet, like the people who sold their grandma's house to invest in btc).    That would be 'dead' in my opinion.   

I do both and I'm perfectly happy with the results.   

Takes about 5 minutes to convert to fiat that is physical in your hand for one thing.

The main point is that no one knows.   You have people on the one hand predicting $20K, $100K and $1,, .... and then on the other hand, you have people who seem to believe it will be zero or $1000 or whatever.    And what's funny is, both sides have plenty of charts.   Charts of this charts of that, charts coming out of their rear ends.

A better question is:  what does "death cross" even mean?    It sounds like crossing a road without looking left and right or perhaps some kind of jaywalking law.

Is this a post from the past?   The crypto currency market is worth billions.

Great, now I need to go out and burn my hard drives and move somewhere tropical.   Oh wait, I've already done that.

The market is still pretty open if there are folks out there with creative writing skills.    It doesn't even have to be accurate as long as it's entertaining.   Look at the other "net" movies in the past.   Silly plots but you can make some serious dough...  probably more than sitting around praying for btc to rise. 

I don't know anyone "against" bitcoin.   The only people I see are those online who are either bitter about missing the boat or simply trying to talk down other coins because they feel that's how they need to support whatever coin they believe in.   

Been quite happy with Kraken since day 1.   

For early adopters or even players who weren't early adopters, sometimes there isn't a big issue between selling at $5k or $20k, especially if you have other 'plays' going on in the market.   

"Sell it all. What the h*ll, so we only make ten million."
-Gorden Gekko

Worthless until you trade it for cars, homes, ski passes, plane tickets, or groceries.   

Depends on your investing philosophy.   I'd say no, because I think real estate (homes) should never be sold.   Condos, maybe.   But then again, it has to be a situation where you own maybe 6-7 pieces of real estate and sell ONE to raise some capital for other investments.   

If it's your only home, than that's the pure definition of gambling and probably a poor decision.

It's a beautiful country with solid offshore banking.   And while the orthodox btc crowd seems to dislike anything with the word 'bank' in it, in the reality, in the real world, in order for crypto to grow, you need to have active and accessible flow from fiat intro crypto, and you need it from the real liquid money players in the world, not so much so from the 9-5 piker crowd hoping/praying that their 2 btc will be worth 2 million one day.   

It has the possibility to go to 30k and also the possiblity to sink to 5k (which is actually quite close).    No one can predict the market or we all would be driving BMWs and flying first class.   

The market wants what it wants.     Supply and demand.

Pretty good so far.   On vacation in Korea now with bitcoin profits.   

For Americans who are affected by FATCA, it's a wonderful option as a place to 'stash' your money.    It's much more difficult for Americans nowadays to open overseas / offshore accounts.   There's nothing more 'offshore' than crypto.   It's not on or near any shore.