Skylery on Nostr: What is a more effective strategy? To borrow against your Bitcoin to pay off debt ...
What is a more effective strategy?
To borrow against your Bitcoin to pay off debt like personal loans and credit cards so you free up cash to buy more Bitcoin in the future once your Bitcoin loan has been paid back?
Or…
Earn more fiat through work and use the extra capital to pay off debt? Your current Bitcoin purchasing strategy remains the same while you do this.
#asknostr #bitcoin #btc #debt #creditcards
To borrow against your Bitcoin to pay off debt like personal loans and credit cards so you free up cash to buy more Bitcoin in the future once your Bitcoin loan has been paid back?
Or…
Earn more fiat through work and use the extra capital to pay off debt? Your current Bitcoin purchasing strategy remains the same while you do this.
#asknostr #bitcoin #btc #debt #creditcards