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Discussion
Fully invested is the way.
Keeping a portion in cash implies you are able to predict future market performance.
no
Percentages pls.
Idk. Maybe 30% cash
Bearish
Not if the other 70% is doggie coin
Oh you’re bearish doge? Fair enough then 🤭
No. I'm doggish
Maybe, but dude, I am down to 3
Like 300 bucks in the bank. It's insane. Like I'm looking at a 450 dollar flight and I cannot afford it, meanwhile I've got everything in BTC. And I've got my mortgages coming up so will have to sell when I actually want to buy. What's the best way to borrow against BTC so I don't default on my mortgages? I've got 2 mortgages on my home and don't want to sell BTC.
You think that's funny? 😠 😡
I'm in pain bro. I'm dead serious I can post my bank balance. I'm dying here bro.
People are scared of giving advice when someone is in a really tight spot financially because it would be such a disaster to give the wrong advice
Since you ask about ways to lend against your Bitcoin, nexo might work for that, but I can't exactly recommend it
*borrow against, typo
I'll have a look at Nexo. I'm scared though. I once bought some Bitcoin through Binance and they froze my account. I had to use the debit card and spend all the BTC before they caught on. I literally went to Apple Store Dubai and bought the most expensive laptop they had and like 2K USD worth of other stuff. What if Nexo does the same ? And FYI Binance had no legit reason.
Sorry to offend. Dont have advice to offer. Good luck 🫡
No offense taken dude. I'm just like the guy from Goodfellas hahaha 😆
Seriously tho. If you know how I can borrow securely against some sats lemme know. Coz I've taken stacking sats to a new extreme.
I was in the supermarket today looking at prices so closely security started following me 😆 🤣 😂
Borrowing too risky/bad terms imo
Sell some if you have a lot , it’s up big since your post this morning
Yeah, it's gonna hurt but I have no choice. I guess I'll buy the flight on Travala using BTC so I don't have to sell technically, just use it. Ahhhh painful bro.
Thanks bro. Gonna research. Maybe I'll borrow some bucks from a friend haha. Good way to see who real friends are. 😆
It is impossible to trust anything today
Exactly!
There was one site before. People kept telling me about it and then it went bust. A site by some guy called Mashinsky or something. I think it was called Celsius? Dangerous stuff. I'm scared to death.
Celsius was it. I had money in there. Part of why my suggestions can't be recommendations
2 mortgages on your house. That is grim.
My earlier comment of being fully invested was assuming you weren't a degen living on borrowed time.
I personally don't take on any debt and I don't use leverage.
If I need to buy something I sell some bitcoin. If I have some extra money I buy some bitcoin.
I am not selling my kidneys for Bitcoin.
I am chill.
Thanks bro. Gonna work on paying of them mortgages. Will engineer my way out. Luckily I bought early. I ve given BTC my all. So it annoys me to see big wigs like nostr:nprofile1qqsgydql3q4ka27d9wnlrmus4tvkrnc8ftc4h8h5fgyln54gl0a7dgspp4mhxue69uhkummn9ekx7mqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg4waehxw309aex2mrp0yhx6mmnw3ezuur4vgkhjsen only holding 8k through Block. Like seriously, these guys cheer and urge but only Saylor is stepping up to the plate. Don't even mention nostr:nprofile1qqsy9mwxtgsq86pgd5thsk8qcapw88tskx3kuzfj52vvesupxzvk48gpz4mhxue69uhkummnw3ezummcw3ezuer9wchss9dfzl his company only recently bought 2 million bucks worth a few weeks ago, big mouthed Samson Mow.
Even Microstrategy and Block have dollar cash on hand. So tired of BS like "Sell your kidney"