buddy doing heavy lifting. a nice back to back 52 then 52.5
I think I will not do any sales today.
maybe tuesday or thursday.
why sell at all?
1% $ loan against btc at 25% LTV at Celsius (you can borrow up to $2 mil).
That 1% interest is most likely deductible as well, especially if you have a LLC.
NOT a financial advice and, personally, i haven't taken such loan yet..but I also don't sell btc.
Absoulutely! Never sell, even for massive profits. Just generate an income from your stash in one way or another.
Edit: replied to the wrong post
I sell often and will do so.
Due to mining ⛏ expanding the mine is a slow steady job.
We are suffering a huge excess of cheap power.
So we want to expand a lot.
But we dont want to buy on credit .
So if 4 btc comes into the mine we keep 2 and sell 2.
The mine grows
the bills get paid
the coins stack.
If I sell.
0.01 five times this week. I still will have some to stack.
My trading is still trading.
But I did mine and hold from 29k to 41k .
then sold a few pieces for expenses.
Took me years to understand juggling ratios
cash
bills
coins
gear.
it is more work
it is more complex.
but I have reached a point that profit will happen so risk is lower.