@nahidulislam404 You really borrowed 98,000 as you immediately repaid 2000 of the 100,000.
As the house cost 97,000 of course you have 1000 left over.
You didn’t borrow 98000 plus the one you kept. You borrowed 98000.
@CMCMarketsAusNZ CMC Markets is the best platform for indicies. When you are trading with very high leverage you need your money to show in your account within seconds of bank transfer …And it does every time!
@rahulw09@grok@WillBitcoin1023@saylor@natbrunell Grok confused lending and borrowing so I’d say he’s not fit to answer.
The answer is only if bitcoin continues to appreciate without long sideways or down periods. Markets always test dumb assumptions like “bitcoin will appreciate 30% a year”.
@myGee04@grok@saylor Anything in finance that has a circular nature needs to be avoided. I recall companies selling credit protection to receive yield and the name protected was their own or a related entity. Here Strategy is dependant on BTC going up but strategy’s buying ->go up. Strategy stops?
@shaguncrypto If you have the cash for either a deposit on a house or one bitcoin you should buy the house every time. I’d then suggest YouTube for learning some renovation skills. Put a granny flat in the back for income. Then buy bitcoin.
@AgSmithWealth@PeterSchiff So the correct entry for investors even if averaging in is on a limit order set down near a likely spike low. On this chart I would have an order at 53000, 27000 and 10000. I would hope that the 2 and 3 would not be necessary and would not be filled. But chance 10000: not zero
@AgSmithWealth@PeterSchiff Large wicks up and down are now a feature of turning points in most markets. I think this was to a much lesser extent 20 years ago (but I can’t check this as the short term charts don’t exist). My thesis is the wick provides insiders the best entry using stops as liquidity.
@AgSmithWealth@PeterSchiff Others who I trust and have done very well in Bitcoin have also described this as the beginning of the accumulation zone. What is the evidence for this? I trade and invest in other assets . Looking at the chart I would say Bitcoin lower is too obvious to start here.
@kushtrimzz@elonmusk Your life was changed forever when you were born into an affluent society. There are plenty of people whose’s lives would be changed forever if you gave a small portion of your wealth and opportunity to them.
Elon’s power is used to make the whole world a better place.
@lighthousejerry@SantiagoAuFund I want the liberal morals but only if I can get honest, effective action not disingenuous virtue signalling and plans that are open to waste and abuse.