KC on Nostr: Buy, trade into, and mine to hold bitcoin only. Never sell bitcoin. Use the bitcoin ...

Buy, trade into, and mine to hold bitcoin only.
Never sell bitcoin. Use the bitcoin as collateral for a loan.

Never give up your bitcoin, but use a multisig where it is at least a 2/3 multisig where you hold a key, the lending institution holds a key and a neutral 3rd party holds the 3rd key. Ensure that the contract is beneficial to you.
do not take over a 30% loan to value against your bitcoin.

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#lightning
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