How old are you and do you have an EXIT-Strategy?

Do you think of ever selling your BTC? Would you take loans if BTC would be considered a security?

I plan on investing for my retiring when I’m 50 (in 25 years) with a goal of 5 BTC. Already at 1.22.

View Reddit by TodeSCurlsView Source

What do you think?

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  1. You have a worthy goal. Keep up the good work!

    I would never exchange Bitcoin for fiat currency in order to hold fiat currency instead of Bitcoin.

    I would NEVER use Bitcoin as loan collateral – read the fine print. All of it. There are a lot of things which can go wrong, and if/when any of them do, you lose your Bitcoin.

  2. I dynamically DCA in and out of the market with the risk model from alphasquared. I’m 39.

    BTC is primarily for accumulating and protect against fiat, which is what most people will tell you in here. But there is also no denying the fact that you can seriously compound your gains if you convert back to fiat during the cycles when the risk is high.

  3. I don’t plan on selling my Bitcoin. It is really my post-apocalyptic fund. If the dollar crashes, or the existing monetary system collapses, or if the governments force CBDC on us, then I will at least have some Bitcoin. But in the meantime, as long as I can buy things that I need with fiat, I will keep using it.

What’s Bitcoin like in communist Cuba?

What’s Bitcoin like in communist Cuba?

Any recommendations for a good cex usa based?