With all the crashing that the price of BTC has been doing over the last few weeks, many have taken a hit. Or a maybe more of a blow. Looking at the market trend (and the HODL community in general,) the wisdom is to hold on to the coin and know that it will go up. But if it doesn’t… what then? Others would suggest caution: cash out some of your money while you still have it and hedge your bets.
BUT if that’s the wise choice (to cash out into fiat) then WHAT after all the debates, is the REAL value of crypto? If in the end it only really matters what you can sell it for in fiat, then does it really have value? Are there really Crypto Millionaires?
When currency is traded like assets instead of used for transactions, is it really a currency at all?