Avatar
Mr Meadow 1y ago

Need some help:

Pay off vehicle - $12k (monthly payment is $315/mo)

Or

Bitcoin

#asknostr

Reply to this note

Please Login to reply.

Discussion

Avatar
HoloKat 1y ago

Do you expect bitcoin to go up in fiat terms over 3 years?

If yes, then you know what to do …

Avatar
The Beave 1y ago

Almost everyone I know says BTC.

I really effing hate debt, though.

Avatar
Mr Meadow 1y ago

I know…the thing is once I buy bitcoin I’m not gonna wanna sell so how do I eliminate the debt?

ef
Deleted Account 1y ago

Can you refinance to get a lower payment? Buy even more

Avatar
Kendy 1y ago

Loan interest rate?

Avatar
Mr Meadow 1y ago

6%

Avatar
Kendy 1y ago

Ouch. Maybe do a 50/50 loan payoff/buy BTC.

I took a small loan against my BTC to pay off some high interest student loans recently.