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Why not just save in Bitcoin and pay your credit cards in fiat?
It’s called leverage plus the price of bitcoin in the future might be more than it is today. Taking out a loan with steady fiat income is a gamble.
It’s risky and the prudent thing to do is use the fiat windfall pay off debt and stack DCA style with future cash flows. The problem with this strategy is that the Bitcoin price can run away from you thus stacking less sats instead of taking a loan and buying lump sum.
50 sats \ 2 replies \ @j7hB75 14h
So, you lump sum into Bitcoin with a Bitcoin backed loan?
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No I use the Fiat debt based money to pay off personal debts like loans and credit cards.
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0 sats \ 0 replies \ @j7hB75 5h
I’m confused then based off your response here #1261657
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