Yes, you are correct that I didn't take into account the CGT...

Yes, you are correct that I didn't take into account the CGT discount. We must all consider that Anthony 'I have never bought a share' Albanese can get rid of the CGT discount with the stroke of a pen.
Real Estate and shares can drop in value quite quickly but the fall is tempered by the underlying asset value. Bitcoin has no asset value and therefore can fall an enormous amount between the time your head hits the pillow and the time you stretch and yawn in the morning. The secret therefore is to either not sleep or set up an alarm that either your tingles your d*ck or automatically triggers a "stop loss" sale. Personally I would rather be a submariner in the Black Sea or the Taiwan Strait than a Bitcoin holder.