GUIDE
How to protect bitcoin from a crash — without selling
If you're holding bitcoin for the long term, you probably don't want to sell on a dip. Here's how to reduce the downside while keeping your coins in your own wallet.
The problem with selling to protect bitcoin
Selling locks in the current price and, if you've gained, triggers a taxable event. It also takes you out of the asset, so you miss any recovery. For a long-term holder, selling on a dip often means selling the bottom.
Keep your BTC and protect the downside separately
SaveMyCrypto reads the public assets you choose, shows which ones currently have protection available, and sets up protection on the coverage level you pick. Your bitcoin stays in your wallet — protection is on the downside of the exposure you decide to cover.
Coverage is a choice, not leverage
Decide how much of your bitcoin exposure to protect — for example 50%, 70%, or a custom amount up to 100%. Coverage is about how much you protect, not about borrowing or multiplying risk.
This isn't exchange custody
In a protection-by-borrowing model, you can hand your coins to a lending platform and risk liquidation. SaveMyCrypto never takes custody. We only read your public address — we never ask for a seed phrase, private key, or authority to move funds.
What it is not
It is not a guarantee against loss. Bitcoin is volatile, protection carries its own cost and risk, and it only protects the exposure you've configured. Nothing is claimed active until the system confirms it.
See what your bitcoin can be protected with
Connect a read-only wallet and find out which of your assets are currently eligible. Nothing moves without you.
General educational content, not investment advice.