If you don’t have any money to buy this dip?
I will help a few of you.
$5000 giveaway to 5 people.
To join:
Just retweet & make sure you are
following me.
I will actually announce the winners soon.
Unlike these other fake guru giveaways.
If you are sitting on a lot of Bitcoin, you are essentially sitting on a Piggy Bank.
As it appreciates, you can pretty safely withdraw up to 20% (in total) of its current value. Bitcoin hasn't dropped 80% since 2011.
lets show a scenario where you have 5 Bitcoin = 500K and you borrow 100K against it.
If Bitcoin goes to 200K you can now borrow another 100K and still be at 20%*
Every 100K Bitcoin goes up, you can borrow another 100K
The second 100K might take a year or two, but eventually you will be able to borrow comfortably 100K a year.
Essentially you have an instrument that yields 20% for ever.
* ignores the interest on the loan, but over 4+ years won't matter.