Damus
note16zq5h...
nostrich profile picture
If you have high conviction in the future price of bitcoin, then you could use a small portion of your stack to take out a loan on Strike (@jack mallers), opting not to pay the principal until maturity. When the loan approaches expiration after 12 months, refinance it for another 12 months. Done responsibly - meaning having enough capital (fiat or btc) to re-collateralize the loan if needed in the event of a bear market - and it’s an excellent tool to avoid selling your bitcoin.
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⚡Lightning Goats⚡ · 28w
I'd also say it's an excellent tool one can use to loose over collateralized Bitcoin. Using Bitcoin to incur debt seems incredibly retarded to me, but to each their own. I plan to remain 100% debt free and live continue living simply. If you sell under $45k of long term cap gains Bitcoin a y...