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The recent surge in interest rates has caused many investors to rethink their Bitcoin holdings. With the Federal Reserve raising rates, the cost of borrowing money has increased, making it more expensive to hold Bitcoin. This has caused some investors to reduce their Bitcoin holdings in order to reduce their exposure to the volatile cryptocurrency.
The rise in interest rates has been driven by a number of factors, including the strong economic recovery in the United States and the expectation of higher inflation. As the economy continues to improve, the Federal Reserve has been raising rates in order to keep inflation in check. This has caused the cost of borrowing money to increase, making it more expensive to hold Bitcoin.
The higher interest rates have also caused some investors to reduce their Bitcoin holdings in order to reduce their exposure to the volatile cryptocurrency. Bitcoin is a highly volatile asset, and the recent surge in interest rates has caused some investors to become more cautious. By reducing their Bitcoin holdings, investors can reduce their exposure to the volatility of the cryptocurrency.
The higher interest rates have also caused some investors to move their funds into other investments. With the cost of borrowing money increasing, some investors have chosen to move their funds into other investments such as stocks, bonds, and real estate. This has caused some investors to reduce their Bitcoin holdings in order to diversify their portfolios.
The higher interest rates have also caused some investors to move their funds into other cryptocurrencies. With the cost of borrowing money increasing, some investors have chosen to move their funds into other cryptocurrencies such as Ethereum, Litecoin, and Ripple. This has caused some investors to reduce their Bitcoin holdings in order to diversify their portfolios.
Overall, the recent surge in interest rates has caused many investors to rethink their Bitcoin holdings. With the cost of borrowing money increasing, some investors have chosen to reduce their Bitcoin holdings in order to reduce their exposure to the volatile cryptocurrency. Others have chosen to move their funds into other investments or cryptocurrencies in order to diversify their portfolios. Ultimately, it is up to each individual investor to decide how to best manage their investments in the current market environment.
Personally no, but that’s because Bitcoin is not an investment to me. Its a monetary system of mathematical fairness that you can not convince me to transition out of. (In other words I’m a zealot straight up).
No. That would mean having less bitcoin so a firm no from me. Farming yield in long term doesn’t work that well – Celsius, FTX, BlockFi… customers will confirm.
In a way… I’ve lowered my DCA amount, but I’m not selling any of my stack.