Replying to Avatar Carl B Menger

We will reach $100k #Bitcoin in the next few months. This means that the days of becoming a Whole Coiner for the average person are numbered.

If you are a Whole Coiner, congratulations. Just HODL, never sell, borrow wisely against your stack and enjoy your freedom.
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503a3439... 1y ago

Here in Canada we're already at 100k. Any advice for those of us that getting to a whole coin is looking pretty bleak now?

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DataNostrum 1y ago

Likely to come back down imo. No guarantees though!

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Carl B Menger 1y ago

Every single sat counts.

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503a3439... 1y ago

I sure hope so. Still stresses me out that a whole coin is getting further from my grasp

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Nic 1y ago

Do you have a mortgage or debt? If not, consider taking out a loan to purchase more sats.

Leveraging isn't necessarily a bad thing, if your steady cash flow is greater than the bi weekly/monthly payments.

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503a3439... 1y ago

Yes I do have a mortgage, and debt as well that I'm paying down steadily. I have 3 kids varying in age from 18 months to 17 and preparing for university next year

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Nic 1y ago

Ah I see. Yeah, taking out an extra loan for Bitcoin may be too risky.