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NodeRunner2049

If I had sold my house a year ago I could have pocketed around $50k and bought 1 bitcoin with the proceeds, that 1 bitcoin would have doubled to be worth over $100k now. Instead I'm dealing with a less than stellar property manager and paying for a new hot water heater. Lesson learned!

mobiusmoe 5mo ago

Better to unlock that $50k with mortgage debt & buy bitcoin. Keep the underlying rent seeking asset to pay the interest on the debt.

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NodeRunner2049 5mo ago

I would if I hadn't already leveraged myself to buy bitcoin! 😅

mobiusmoe 5mo ago

Ha, indeed, but I never recommend it.

Even so, if you are so inclined, accessing your $50k equity through finance is the cheapest leverage & you are unlikely to be liquidated in a draw down 🫡