Wrong. Bitcoin sold can never be replaced. Save. Borrow against if you must. Die. Reset cost basis for heirs. This is how long term capital preserved. Those that don’t understand this don’t have capital for long. Spending causes cap gains taxes. Never sell or spend your #Bitcoin

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PK ⚡️'s avatar
PK ⚡️ 1 month ago
If you were going to spend the fiat anyways, spend it in the equivalent amount of sats and send sats instead. If it triggers capital gains taxes, by definition that means you’re in a better spot than if you had held the fiat trash instead. Though it’s an option, you don’t need to introduce leverage here.