Borrow against it vs sell
I'm really confused about this whole borrow against it strategy because you'd eventually have to sell to pay off the loan. What's the problem with selling 4% a year and paying CGT? If you're doing that, bitcoin I'm sure will continue to grow more than 4 percent a year so you still gaining Like wtf am I missing here? Assume I have enough money to retire after 20 years of dca'ng why can't I just sell 4% annually? submitted by /u/harrysnow81 [link] [comments]
I'm really confused about this whole borrow against it strategy because you'd eventually have to sell to pay off the loan. What's the problem with selling 4% a year and paying CGT? If you're doing that, bitcoin I'm sure will continue to grow more than 4 percent a year so you still gaining
Like wtf am I missing here?
Assume I have enough money to retire after 20 years of dca'ng why can't I just sell 4% annually?
[link] [comments]
