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Loan for investment in mining - short history

Bitcoin Reddit

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This is the story in short:

I'm a guy (M35), from a normal family, from a normal place in a large capital of Latin America, father and mother of simple origin and with little education. I never lacked for anything, but I also never had any luxury left, I had the first opportunity to travel by plane for the first time and other luxuries that I only came to know as an adult.

In context, since my first professional experiences I always knew that I would only make money exponentially if I did something for myself, since then I have been undertaking it in different ways, breaking my head, making mistakes, learning to the point that at the age of 33 I made some money with the sale of a company that I built and operated for 6 to 7 years.

I put something close to 1MM in my pocket.

I got married, traveled, went to live in a smaller place, and during the first year I basically dealt with depression and felt like shit for being 34 years old and not having finished college, nor having saved any more money besides the money I had sold. the company and it was almost over at that point.

I also discovered in this financial and psychological process in my life that I have grade I autism (formerly known as Asperger's syndrome) and high abilities.

I'm telling you a little about myself so you understand that I've always had an appetite for innovative businesses and different things.

At the end of the first year, I made a decision to try to change my life permanently, I was already studying all the fundamentals of Bitcoin and other BlockChains projects.

I took the risk and with the financial history I had, I took approximately 2MM in bank loans and invested 100% of that in Bitcoin mining with a low energy cost (0.05) per kWh.

With my planning and monthly reinvestment to reduce inflation in the number of new miners, etc., after the halving I will probably have the capacity to mine between 1 and 2 BTC per month.

With a simple calculation I can think that in 6 to 12 months I can pay off all the debt I owed and move on with my life.

What do you think of what I did? Too crazy? Am I dreaming too big?

Recommend other communities that would be interesting for me to repost this story!

Happy New Year to everybody!

submitted by /u/Wide_Literature4229
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