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0 sats \ 1 reply \ @Bitcoiner1 29 Jul \ on: Need Feedback from my Stackers: Should I spend Bitcoin on a Car? bitcoin
An average car is always a bad investment. A sport car is even worst unless it's a classic car and it can store some value.
You already know that it's a bad financial decisions, but what about your feelings and doing what you enjoy???
Renting a similar car for a couple of months would be a good idea, so you have time to enjoy the car and get tired of it.
Also, if you're receiving more fiat from your work, maybe get a loan to access the fiat. No need to sell your stack.
Thank you for your comment.
Yes I am also thinking I don't want to sell the stack... it took me a couple years of stacking and weekly DCA to build it and the exchange rate was lower then...
I don't want to give that up right? 21 million Bitcoin for the next 100 years. And how many cars?
I will look into renting. Sure I will have to divert some of my excess cash/flow/would be able to stack less in that same time period... but there's way less opportunity cost.
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