So yeah. I've been debt averse all my life. Maybe it's better to take on some debt than sell some corn. Thinking about this.
I view debt as risk. It can place you in a bad position if things go wrong (it's basically a slightly different take on options trading). Doesn't mean it shouldn't be done but consider all the angles.
Yeah, that's how I normally think of it. But if I had the choice of selling 100k in coin and paying 20% taxes or just borrowing $80k at 4%, the 100k means no more bitcoin appreciation (yeah I had this thought at 18k too) 20k down the drain while the 80k loan would be >4k a year interest with the bitcoin continuing to grow.
Side point is I don't need 80k or 800k or whatever (ok, maybe 8k for some pretty watches). So maybe I'll just let bitcoin sit and giggle a lot or something.