Hey everyone
I've been exploring the idea of using BTC as collateral to borrow funds, while maintaining long-term exposure and potentially avoiding taxable events from selling. However, my main concern is managing the repayment process.
For example, if I pledge x BTC as collateral for a loan of x dollars, the arrangement would require monthly repayments (interest, and possibly part of the principal). So, my question is: How do you fund these repayments without ever having to sell your BTC? Do you rely on other income sources entirely, or are there creative strategies that have worked for you?
I'm curious about your experiences, insights, and any pitfalls you've encountered with this strategy. Looking forward to your advice!
Thanks in advance.
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