RE:Take money out of Bitcoin and put it where exactly ? Short term sell off and re-jig potfolio's to protect capital from taxes to be Grandfathered in to current rates saves a lot of cash in tax by doing that.... going forward people will keep buying ... From $10,000 in last Year to over $50,000 are big gains.... $50,000 to $100,000 is a big gain, but no where near 500% ....
SO yes, selling now and a good entry level for other people for the continued run...
It is acting like an asset class right now...
So that should be a good thing overall for this space...