Fair enough, a little risky, but probably a good move on your part.
I'm contemplating cashing in a few shares to buy crypto (fiat reserves are bone dry at the moment), but since I only really have gold and platinum (which are looking positive) worth selling at the moment, I don't really want to do that either. A nasty catch-22 for me :( I may just dump the platinum, but I haven't decided yet, and time is (possibly) short.
Don't be in a rush... Capitulation is still not done, and afterwards we get Depression which is less bloody but in many ways worse than capitulation because it is very hard to still believe. Depression lasts many months before it's over. And that means we will be hovering slightly above the ultimate bottom for a few months.
Also wonder if you REALLY want to catch the absolute bottom. Look at last bubble, and consider if it really makes a difference to get BTC at $160 or at $220 in the grand scheme of things. Then consider the added risk of trying to nail the bottom, against the added security of waiting it out for some kind of plateau to form. You might not get BTC at $2000 or whatever if we drop to there, but getting it at $3000 will be close enough IMO
All true. Thanks