I took out a 19k loan to lump sum into bitcoin. It's a credit card balance transfer. It was a 3% fee with 0% apr for 12 months. I have until september 2024 to pay off the 18k.
I have 4k in cash right now. So I need 15k more to pay off the debt due in 11 months.
Right now, with each paycheck, I split 33% bitcoin, 33% dry powder for dip buying, and 33% towards paying off the loan.
People in my last post told me to lump sum the 4k I have now but I don't think they know that I have 19k due in 11 months.
What would you do in my situation?
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