Thinking about to reduce my credit,
just for peace of mind.
But selling the sats,
is what i actually cant do.
At least its very hard to me,
Letting the sats go.
Damn.
Discussion
Carried some credit card debt for about a year and a half during my last few years at school. I had more than enough BTC to pay it off but couldn’t bring myself to part with the sats.
Decided to sell a small portion of my stack to pay it off a couple months ago and the peace of mind was definitely worth it.
In the time that I held that debt BTC went from around 30k-110k though so it did work out to be a solid play. 🤷🏼♂️
it will play out in some years
i just have to figure out when
i should all pay back
right now it would take 10 years
we will see
maybe i find a block
with my lottery miner
Nothing wrong with it. Keep a defined amount and stick to your plan. At the end if the day we have to pay our bills. Mainly in Fiat. I don't have a regular income, sometimes months with ZERO INCOME at all.
yeah i got a low paid income
but i can live with it for some more time
i think i will pay the debt back when it doesnt hurt that much
Carrying debt in a galloping like inflationary environment is actually good. Depends on the loan. If you have a mortgage, keep it. Consumer debt is different
No te deshagas de los sats 🫣
reducing debt/risk before a bear market is the best decision you can make
reducing debt just before another pump is bad in hindsight but you need to accept that you cannot tell the future
after 12 month of consolidation
at about 100k, i think it will only go higher
at some point
when i bought at 69k in november 2021 i was absolutely sure we were going to 100k....
if im not wrong, i think i heard in a podcast that nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx was about to get a massive loan exactly at the same time (ATH november 2021) thinking that bitcoin was going to keep going up... in the end, he said that fortunately he didn't take the loan, as it would have been devastating ...
i dont see a 2026 bear market
so i will just wait
Don’t do it then bro, there are always different paths! 🧡