You have all your money holding crypto, stock,bonds, bank savings account,I believe your financial advisors might have told you buy stocks, crypto,ETFs to get rich in 5 years,20 years, life isn't even that assured.if you can withdraw all your money from these media. You are not rich. you are just simply having lots of money for the time being.i can literally leave you in my apartment, you can Rob me, take all my money from my wallet, forex broker,stock broker and all. But guess what? I can't get a financial depression. The whole of my money isn't in physical forms like banks or stocks where you can see and even count them. True you don't get it right?
Ok, you are holding BTC but the creator of BTC is the actual rich person.he is the creator, you are the consumer. I have more than $150 million asset valuation that can't be affected by market picks and dumps.
I am not sure if I fully understand what you mean. Sure you could sell all your assets and just leave FIAT cash at home, but like you said the risk of being robbed is just too high. You could lose everything at once. The idea behind spreading your wealth across a lot of different Assets like Crypto, ETFs, Stocks, etc. is that if one of these goes down they others should be unaffected and will help recover the losses. Having a lot of money being secure from market price dumps is a good idea. But is your money actually save? And is it protect against inflation as well? Having cash at home will just lose purchasing power each year.