Dan retweetledi
Dan
3K posts

Dan retweetledi

@Rajatsoni Except it WILL go to ZERO.
And also you don't sound like you have any income at all except all the people you scammed.
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I started applying a new strategy to accumulate more Bitcoin:
Strategically Borrow to Buy Bitcoin
You can probably only do this if you have a solid income that's growing over time
If you don't have any income, DON'T DO THIS because your loans will compound against you
I borrowed to buy at $63,000
In the past, I borrowed to buy at $16,000 (I wasn't buying with the same plan in mind at the time)
My income was also much lower at the time (I was driving for Uber), and I paid back the loans with my higher income over the next couple of years
My income has grown significantly, and I expect it to continue growing, so by borrowing from the bank, I'm bring my future income to the present and buy Bitcoin with it
I do this with low interest debt like a line of credit or a low interest credit card
You can also do this with 0% interest cash advance cards (see @sunny051488's content for more details)
I know I can increase my income more than 25%/year for the next 5-10 years
My bank lends to me at under 10% interest
If I can increase my income by 25%+/year and keep my personal expenses low, I can easily pay back any money I borrow to buy Bitcoin
The bank charges 10%
Bitcoin grows at 30%
I pay back the loan with my increased income
I borrow using a cash advance to buy dips during times of extreme fear
The bank creates the money out of thin air for me
I pay back my credit card as quickly as I can with my income
Usually, I only borrow an amount that can be paid off within 2 months
I do this because I believe at some point there will be a supply shock
There will be so many people doing what I'm doing that dollars will be worthless
I don't think Bitcoin will go lower from here, but what if it does?
By the time it happens, my income would have paid off my credit card, and I have fresh money to buy the lows again
What are the flaws in my strategy?
1) I know "Bitcoin can go to zero" but I don't think it will
2) People will tell me I'm gambling for borrowing to buy Bitcoin, but when I tell people I borrowed money to buy a house, they're so proud of me
What do you think of this strategy?
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Dan retweetledi

BIGGEST BUBBLE BUST
I do not know what pin, what event will pop the biggest bubbles in histor. What ever the event, the pin is near.
It’s not IF. It’s WHEN.
When the bubbles go bust I predict gold will hit $35,000 an ounce one year after the gold bubble goes pop..
I predict silver to hit $200 an ounce a year after the bust.
I predict Bitcoin will hit $ 750,000 a coin a year after the crash.
And i predict Ethereum to be $95000 a year after crash.
What do you think prices will be a year after the next GFC?
Time to get richer?
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