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I have to sell Bitcoin to buy 10k lbs of grapes next month. This dip feels like a short/medium term inflection point for the next several months.

What should I do?

A) Sell "all" now - expect bigger dip

B) ~50/50

C) Sell "all" later - expect a rip

Nico 4mo ago

take a loan against your bitcoin, don’t sell

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Discussion

Ben Justman🍷 4mo ago

It's disturbing how flippantly that gets thrown around

R 4mo ago

But Saylor said so, has to be right. Right?

ACCOUNT_DELETED 4mo ago

Thanks for the feedback , you can reach out to me privately now for a quick conversation on SimpleX app using the link below…

https://smp17.simplex.im/a#F2uAHBWJh0UXvrS5Uz7iKeHKDsYclR2ncNLxk6PeTO8

MayjorMayham 4mo ago

I recently looked into this to mimick the Infinite Banking Concept but the platforms that support taking a loan against your BTC charge an interest rate that goes in their pocket. With IBC, the interest should go back into your pockets, not a 3rd party

Nico 4mo ago

bitcoin loans should be p2p only but how to do that ?

MayjorMayham 4mo ago

I wish I had an answer to that. What platform were you suggesting for a loan btw? AAVE?

Nico 4mo ago

AAVE is a pretty good lending protocol, depends on your technical skills to go onchain and bridge bitcoin there. Heard about strike and ledn if available in your country. (NFA of course)