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Replying to Avatar Kyle

Let’s talk about selling Bitcoin 🟠

What are your thoughts on selling Bitcoin to pay off debt like personal loans and credit cards?

In this scenario, you don’t have extra cash to pay the debt because you currently use your extra fiat to buy Bitcoin.

The purpose of selling in this scenario would be to pay off those debts and buy more Bitcoin with the funds freed up from monthly payments and interest.

What are your thoughts?

#asknostr

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NathanS000 5mo ago

Depends how much debt we’re talking, but If your monthly payments are manageable I wouldn’t at this point. But if bitcoin pumped to 200k or something later this year, I would.

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