Post
Topic
Board Bitcoin Discussion
Re: Never sell your Bitcoin?
by
Donovena
on 30/06/2021, 01:57:59 UTC
Ultimately this depends on how long you expect bitcoin to continue its remarkable exponential rise against fiat.
It should be pretty obvious that if, for example, it goes up 500% every four years, you can just borrow against it (half the value, 8% interest, as on Coinbase), and take out a new, bigger loan every few years, while still increasing your overall net worth.
However, it should also be obvious that nothing goes up at that rate indefinitely.