Once we get through the next cycle it’s likely most people who have bought now or in the past are going to have a portfolio significantly higher in value than they started with.
Given the scarcity of Bitcoin it would (IMO) be silly to sell as you’ll never be able to buy again at the same prices- so what are the options for actually making use of the money you’ve made rather than just sitting on a pile of dead cash.
As far as I see there are these options:
- Sell- as mentioned, not a good option
- Loan and earn yield- means handing over keys, not ideal
- Pay using Bitcoin- possible, but still involves losing some of your bags
- Asset backed loan with Bitcoin as collateral- this to me seems the best option depending on rates and assuming you can service the repayments
Any other thoughts or ideas on this?
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