silencedogood on Nostr: At current interest rates, you would owe ~$800 over the next 12 months on a $10k ...
At current interest rates, you would owe ~$800 over the next 12 months on a $10k HELOC loan. And that is assuming interest rates won't decline, which they will. I hate leverage. As we know, leverage and bitcoin don't mix. But if there was ever a time to borrow from yourself, now is it. You are making the bet that a year from now you can generate more than $800 with $10k of borrowed capital. In this environment, I would take that bet all day.
#bitcoin
#finance
#economy
Published at
2024-10-22 15:36:47Event JSON
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"content": "At current interest rates, you would owe ~$800 over the next 12 months on a $10k HELOC loan. And that is assuming interest rates won't decline, which they will. I hate leverage. As we know, leverage and bitcoin don't mix. But if there was ever a time to borrow from yourself, now is it. You are making the bet that a year from now you can generate more than $800 with $10k of borrowed capital. In this environment, I would take that bet all day.\n\n#bitcoin\n#finance\n#economy",
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