olugbo on Nostr: Hindsight is 20/20….however the best predictor of future behaviour is past ...
Hindsight is 20/20….however the best predictor of future behaviour is past behaviour
quoting note1gqe…9ua0So…
If you’d borrowed $25,000 from a bank in March 2023 at a 10% annual interest rate to buy 1.25 BTC at $20,000 each, & then you’d made $500 monthly payments for 9 months, totaling $4,000 out if pocket…
After 9 months, the remaining loan balance would be about $21,000
With BTC now at $100,000, selling 0.21 BTC (~$21,000) would fully repay the loan
You’d be left owning 1.04 #Bitcoin now worth $104,000, turning a $4,000 cash investment into a
9-month gain of over $100K
but more importantly… you got rewarded with a FREE 1.04 #Bitcoin