#asknostr
does milking the cow count as touching grass?
David in TN
npub1trft...d0e6
In Tennessee, interested in permaculture, decentralized technology, bitcoin, and algorithmic trading. Catholic father and husband. world traveler, and software engineering manager.
Financial question:
My home is estimated to be worth 630k, I owe 327k, 2.99% fixed 26 years left. If I borrow 177k of the equity at 8.5% over 15 years (leaving 20% equity in the home), and buy btc today, it seems like projections say I could sell the btc at some point in the future (1-5 years) and payoff both the primary and equity loan.
I know the mantra, stay humble and stack sats. And the inherent mantra, never sell btc. And I know I could get rekt if btc drops and doesn't recover in the next 5 years. But, I have the extra income to cover the equity payments now, and I've got the stomach toaggressive? (traded options for amseveral years).
Am I being too aggressive?
GM!

