Nah I'm with you.
Better to move 0.5 Bitcoin to the exchange & chip bits off each month. DCA out, so to speak.
Having said that, he owns 50 bitcoin. He's not going to be struggling either way.
Not sure on the CGT over there but I'd be up for a hefty bill come tax time doing it that way.
I'm currently tossing up whether to get a BB loan from LEDN.
I bet he will regret selling those 5 btc if they are soon to be 2.5 mill or even 5 mill lol bc there is no way we stay at these current prices
I had some experience with collateral loans last cycle and was stressful to say the least but if I were to take a loan out, the 85k price seems like a reasonable floor
Personally I’m waiting for interest rates to come down and the collateral ratios to change in our favor. I have a feeling Banks will soon start to offer btc lending services
It sure would be nice to not risk liquidation because of a short dip
below $50k.
You'd think they could handle taking on a little risk when they charge their 12% APR.
