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143 sats \ 3 replies \ @guerratotal 11h \ on: What to do? AskSN
Pay off the debt directly with 0.15 BTC. Yes, it hurts to part with it, but it's much less risky than locking up even more of your stack and ending up busting if the price drops.
What you need now isn't to be more creative with the debt, but to cut that rope before it strangles you. You'll ensure that the remaining 0.85 BTC remains yours and free, with no risk of liquidation.
In other words, it's better to lose a finger than risk your whole arm. Bitcoin is for the long term; don't let a short-term play take it all away from you.
This is my humble opinion. I'm sure you can get more BTC later.
Pay off the debt directly with 0.15 BTC. Yes, it hurts to part with it, but it's much less risky than locking up even more of your stack and ending up busting if the price drops.
I was going to say this, keep your LTV as low as you can so you can withstand market swings. Also bear in mind your cost-basis, because if you're selling at a profit you incur taxes
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Yes, it is important too, taxes and so on depend on where you live.
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I think you are absolutely right and that is what you should do my friend @ anónimo
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