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What is your strategy as bitcoin rises in value? (LTV dropping).
I realize some people refinance. Sounds great honestly. To have bitcoin raise in value, have some sort of “reverse margin call” and have a continual loan that in non-taxable. 36%, 22%, 12% tax bracket... sure beats capital gains and trade taxes. That’s amazing.
Ideally - 1) loan against bitcoin, 2) receive tax free dollars 3) reinvest (buy real estate, fund business, buy more bitcoin etc), 4) take another loan against bitcoin. = just saved up to 40something% on taxes (depending on how many trades you took and your tax bracket). The goal here is to not get taxed, billionaire-style lol
What is your strategy as your collateralized bitcoin rises in value?
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- 3 years ago
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