Damus
Dr. Jeff profile picture
Dr. Jeff
@DrJeff
Pro tip:

Bull markets are for paying off debt, not accumulating it.

Accumulating debt during a bull market often leads to financial ruin.
4532❀️166πŸ€™26❀️7πŸ’―4πŸ‘3πŸ’œ3
Reed · 88w
πŸ’― Stay humble, stack sats 😎
Phoenix · 88w
That’s the plan for this year. Pay off the debt I created in 2023 to buy Bitcoin. Was my best financial decision till now. It depends how the cycle will continue, but next debt will probably created in 2027 (if 4 year cycle and stock-to-flow model still true).
I1225cgh856xzzss · 88w
What if the debt is low interest?
ODELL · 88w
STAY HUMBLE AND STACK SATS.
Bison · 88w
Liquidity will run out before your leverage does
Deleted Account · 88w
πŸ†‚πŸ†ƒπŸ…°πŸ…²πŸ…Ί πŸ†‚πŸ…°πŸ†ƒπŸ†‚ πŸ…°πŸ…½πŸ…³ πŸ†πŸ…΄πŸ…»πŸ…°πŸ†‡
Proof Of Dad · 88w
Gm
Ryan Reynolds · 88w
Yep. And if you are debt free already, stack harder!
tuco · 88w
nostr:note1pu6yne48up2pf5m6j7dtghke9pkf0ry5vj6p2awgjy2guguxe8qsu93g55
tuco · 88w
nostr:note1pu6yne48up2pf5m6j7dtghke9pkf0ry5vj6p2awgjy2guguxe8qsu93g55
tuco · 88w
nostr:note1pu6yne48up2pf5m6j7dtghke9pkf0ry5vj6p2awgjy2guguxe8qsu93g55
One of us · 88w
Bitcoin bull market is a fiat bear market. Bitcoin bear market is a fiat bull market. One can theoretically switch from borrowing fiat to borrowing Bitcoin at the end of a Bitcoin bull market. The idea is to borrow a depreciating asset to buy an appreciating one.
LowIQmonkeys · 88w
Uhhh… so I’ve been doing it wrong..πŸ˜‘
Resonance Cascade · 88w
Already planning my 2026 debt accumulation 🫑
Juggernaut · 88w
Thank you. I sold some bitcoin near the top in 2021 to buy my forever home. I bought with interest only loan. Locking in sub 3% mortgage for 40 years πŸ₯³ And then I immediately tapped the equity with a second mortgage to pay the capital gains on the bitcoin I sold for the deposit. I then spent ...
TuvokSeed · 88w
thanks for the tip but nobody knows how long this bullmarket lasts maybe it multiple years
MAV21 · 88w
Dca and chill
Mindaugas · 88w
Rich people with excessive wealth might gamble to kill time, but they will never gamble to get more wealth, although the point of gambling (created and enabled by rich people) is exactly for gaining wealth. Rich people: "don't gamble, as that will most likely make you lose all your money". Poor peop...
stackatoshi · 88w
we’re in a bull market?
Deleted Account · 88w
That’s a great tip!
The Bitcoin Chef · 88w
This is very sound advice. Thank you
L4SGO · 88w
Yes! πŸ‘
Matt · 87w
Great advice
Mark Sea · 87w
Ya but we’ve been in a bull since 2009!
Vdub · 87w
True. Didn’t realize you are Nostr only! I like your style Dr. RossπŸ€™πŸ½
2Pac · 87w
Lever up in the bear lever down in the bull.
Greg Kramer · 87w
#facts
Jerome Loman · 87w
Wealth effect makes it difficult to manage. Looking to do small home improvements, and would rather tap heloc than assets in that environment. Though by end of year might have to reconsider.
bitcoinbosnian · 82w
True. Debt is for the deep bear markets.
Soolyβš‘οΈΨ³ΩˆΩ„ΩŠ πŸ‡±πŸ‡§πŸ‡§πŸ‡ͺπŸ‡¦πŸ‡ͺπŸ‡¦πŸ‡΄ · 74w
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MAV21 · 43w
Some people probably didn’t listen at 126k
Detective Deft Defector · 43w
That's what i told myself before i continued to stack all the way up
Dan · 43w
Do your strike loans now
MAV21 · 43w
People so scared right now makes a humble man want to leveraged up a little
Brock · 41w
β€œIs the bull market in the room with us?”