pull down to refresh
156 sats \ 3 replies \ @hodlpleb 4 Mar \ parent \ on: What's the poor man's option? Personal_Finance
He's saying:
- Work
- Save $ in Sats
- Repeat Steps 1 & 2 for 10 years
- Then you will have enough wealth to take out a loan against your bitcoin
reply
If you fill the bitcoin bucket on a regular basis, and the price continues to increase as anticipated, it will become increasingly difficult to acquire a whole bitcoin (likely out of reach for most people at this point), but if you manage to get to 0.1 (or 0.25, 0.5, whatever...) and bitcoin really goes to $10M or $40M or $100M ... that leaves you with a healthy amount of wealth, as time goes on