How to Retire on Bitcoin

(Hint: Never Sell)

Stage 1:

(Today, Now)

1. Buy as much BTC as you can right now

2. DCA every day/week/month

3. Be patient

How to Retire on Bitcoin, Stage 2:

(Once the price has reached $X)

4. Take out a loan against bitcoin

5. Use loan to buy a revenue generating business

6. Use business income to pay back the loan

7. Live off business income

8. Repeat steps 4-7

9. Own revenue generating businesses & keep your BTC.

Keep loans at a safe % of your total BTC.

You do not want to put your BTC at risk.

#Bitcoin #NeverSell

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Discussion

Why not just use the fiat for living expenses, then take out another loan to pay off original loan…repeat and watch LTV decrease in perpetutity?

Yes, could work in theory if NGU fast enough.

I've never been rich before.

If you own BTC, you are rich!

Never sell. Live off your bitcoin forever.

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