Rent vs buying property.
In 2020 when I first came to Bansko I paid 200 euro per month.
0.03125 ₿itcoin
Now I pay €400 a month.
0.00537 ₿itcoin
In fiat terms it doubled, in bitcoin terms it went down 82%!
If you bought a 60m2 place it would have cost 60x€600=€36k
5.625 bitcoin
To now €1700m2.
60x€1700=€102k (up 183%)
1.37 bitcoin (down 75%).
No leverage in the world would make up for this difference.
Rent a house, stack sats and chill. Let the market compound for you. No maintenance or other worries.
A cycle without blowoff top doesn't need a deep bear market either.
If this was the bottom for bitcoin we pretty much spot on with previous cycles.
Lets hope the next cycle gives us some more well deserved returns.
@BarelyTrying92@esterezw Oh I had the opposite experience. Kazachstan is surprisingly new, expecially those capitals.
Just gone over the border from shymkent to Uzbekistan the shity trip started 😅
Tashkent city center is fine but the rest is either dodgy or fake tourist crap.
Don't forget when bitcoin goes up, it goes up violently.
I expect a move like this once the tide shifted.
Too many people trying to catch the absolute bottom..
Strategy has acquired 1,550 BTC for $101 million to increase our $BTC Reserve to ₿845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. $MSTR $STRC https://t.co/1Zf1AVsP1H