Good point. Thank you for your reply. However, cash is an asset that is not producing anything plus it could well be losing value. This is why most companies and wealthy individuals minimize the amount of liquidity and resort to cheap credit instead.

Even Elon Musk, who recently became the world’s richest person for a while, has liquidity problems or as some put it , he is asset rich, cash poor.

For the rest of us, mere mortals, liquidity is important but it could also be achieved through debt. Providing that the loan interest is lower than the appreciation of your assets, you should be fine.

Many are now borrowing against their crypto at low interest and using that for daily expenses. Places like Celsius provide loans from 1%.