Is there ANY reason not to just transfer the entirety of my crypto-holdings into a USD stable-coin right now?
>>61259465Imagine putting all your money into a freezable currency
>>61259543USDC is safe retard
>>61259465Because it's fun to ride the rollercoasterIf you can't deal with losing six figures in a day and even find it grimly amusing you just haven't been in crypto long enough
>>61259465what are the yields like on holding usdc right now?paxg, eth, btc all exist
>>61259564I can just swap the USDC back when the market starts to recover though.>six figures in a dayWhy would you think most people here can relate to that?
https://youtu.be/nFZP8zQ5kzk
>>61259598Good luck timing the market twice>Why would you think most people here can relate to that?if you've been in crypto long enough you've almost certainly gained and lost at least six figures even if you started from dust
>>61259561so was LUNA. Stay in cash
>>61259561In crypto everything is safe until it isn't newfag
>>61259617I only have like 10k in crypto (btc/xrp) and about 70% of that was bought in the last two months at the start of the bear-market but before the plunge.There's nothing to time since most of what I've bought were just under the ATHs anyway.
>>61259587~5% on cex, ~7-8% on aave, ~12% on aster if you are trading there actively, ~15-20% on more risky protocols. anything more is pure degen. there are sometimes spikes in these numbers but this would be an average from last few months.
>>61259543BTC freezes once a quantum computer starts mining empty blocks, the quantum miner doesn't even need to crack a private key just start minning blocks that can be solved with regular computers.
