Did I just lose half a million dollars?

Re:Did I just lose half a million dollars? by pjc50 on Sunday January 30, 2022 @10:50AM (#30138178)

> where you would be comfortable storing an amount of money that's important to you?

I wouldn't. I'd give it to an insured institution in my local jurisdiction to look after. It's not a perfect solution but it doesn't rely on the horrible impermanence of IT.

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Re:Did I just lose half a million dollars? by hogrider on Sunday January 30, 2022 @11:32AM (#30138542)

But there's no exchange that will hold my funds and is insured like this right? Makes me wonder if El Salvador is requiring something like that, BTC being legal tender and all.

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Re:Did I just lose half a million dollars? by sfe22 on Sunday January 30, 2022 @11:00AM (#30138270)

But then cash, gold, stocks are all better options to hold, since you lose the only apparent benefit of crypto.

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