Thread by @theweb3sharma

It's a sunny day and you're standing in a long line outside your bank, waiting to withdraw your hard-earned money.

The reason? Everyone else is doing the same thing, fueled by panic and fear.

This, my friends, is what's known as a bank run🧵

#svbbank #bitcoin #finance

But what if I told you that you can avoid being a part of this chaotic scene?

That's right, there are ways to protect yourself from the madness of a bank run.

One way is to diversify your assets. Don't put all your eggs in one basket, as the saying goes.

Spread out your investments across different types of assets like stocks, bonds, real estate, and yes, even cryptocurrencies.

This way, if one type of asset is in trouble, you'll still have others to fall back on.

Another way to avoid a bank run is to keep an eye on the signs.

If you hear rumors or news about your bank's financial instability, don't wait for things to get worse.

Take action and withdraw your money before everyone else does.

And finally,

Consider keeping some cash on hand.

While digital transactions are convenient, having physical cash can be a lifesaver in times of crisis.