Crypto is even worse than cash. To get your cash, at some point some a criminal has to physically go somewhere. With crypto, someone can kidnap your family member and they don't even have to risk getting grabbed by the police to get the ransom. No more Jeff Lebowski tossing a bag off a bridge. Just a direct immediate payment to whatever third world hellhole their gang is based in. Crypto is a menace. Imagine the Harvey's Casino bombing... But with crypto. https://www.casino.org/news/harveys-casino-bombing-revisited-in-bringing-down-the-house/
Not financial advice, nor any type of advice, but I am making plans to switch out self-custodial bitcoin to combination of bitcoin spot etf's and mstr stock and perpetual preferreds From there will be able to manage margins and selling covered-call/cash-secured puts according to cycles, bull market/bear market, seasonal trading ranges
Current news: https://www.cnbc.com/2025/06/07/bitcoin-family-crypto-security-kidnappings.html "The Taihuttus — who sold everything they owned in 2017, from their house to their shoes, to go all-in on bitcoin when it was trading around $900 — have long lived on the outer edge of crypto ideology. They travel full-time with their three daughters and remain entirely unbanked. Over the past eight months, he said, the family ditched hardware wallets in favor of a hybrid system: Part analog, part digital, with seed phrases encrypted, split, and stored either through blockchain-based encryption services or hidden across four continents." Same article different story: "This week, Moroccan police arrested a 24-year-old suspected of orchestrating a series of brutal kidnappings targeting crypto executives." Wait for it: "Last month in New York, authorities said, a 28-year-old Italian tourist was kidnapped and tortured for 17 days in a Manhattan apartment by attackers trying to extract his bitcoin password — shocking him with wires, beating him with a gun, and strapping an Apple AirTag around his neck to track his movements."