Great thread on borrowing against Bitcoin.
Kristen
Kristen3.8. klo 00.08
Example Bitcoin “Buy, Borrow, Die” Investment Plan that builds generation wealth while we live, give back to our communities and enjoy life🧡 This can be done with any amount. Never sell your Bitcoin! •Starting Bitcoin value: $100,000 •Bitcoin growth (CAGR): 40% per year •Loan taken each year: $50,000 (added annually) •Loan interest: 6% APY (compounded annually on the outstanding balance) •Duration: 10 years Outcome after 10 years: •Bitcoin grows to ≈ $2.9M •Loan balance grows to ≈ $671K •Net after paying off loan ≈ $2.2M
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