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Open original source ↗I have been reliably informed that retail investors cannot lever-up to buy Bitcoin at rates below $MSTR’s 9-10% on their preferreds. This seems to belie that, if true.
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My goal is to pay minimal taxes and to stay retired. I’m currently trying “Buy, Borrow, Die” with a small amount of Bitcoin. How it started: 5.15% variable APY and a 50% LTV. How it is going: 7.89% variable APY and 45% LTV because Bitcoin price went up. I can borrow back to 50% but I won’t right now. If anyone knows better deals tell us. Let’s help educate each other. This is a new for me and I’m learning. I keep most Bitcoin in cold storage as a back up while I work out this system.
2dogs1chic ↗