There is also the possibility that bitcoin keeps going up, in dollar terms, forever - similar to real estate.

In this scenario, you could take out a low interest low leverage loan for maybe a $million. Then 4 years later, when bitcoin has gone up by another 2x, you take out a $2million loan - and use a portion of the new loan to pay off the old loan.

Eventually the numbers get crazy, but maybe that does not matter or maybe that is why you buy some revenue generating assets.

Point is,

If you keep your bitcoin, you can keep using it as collateral.

If you sell your bitcoin, it is gone. You'll never get it back.

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