Pro tip:
Bull markets are for paying off debt, not accumulating it.
Accumulating debt during a bull market often leads to financial ruin.
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Replies (47)
💯
Stay humble, stack sats 😎
That’s the plan for this year. Pay off the debt I created in 2023 to buy Bitcoin. Was my best financial decision till now. It depends how the cycle will continue, but next debt will probably created in 2027 (if 4 year cycle and stock-to-flow model still true).
What if the debt is low interest?
In general, the lower the interest, the less the need to pay it off... depending on cash flows.
STAY HUMBLE AND STACK SATS.
yes
Liquidity will run out before your leverage does
😂🍻
🆂🆃🅰🅲🅺 🆂🅰🆃🆂 🅰🅽🅳 🆁🅴🅻🅰🆇
Gm
FTX 2.0 POWER 100 ON THE MAKING
Pro tip:
Bull markets are for paying off debt, not accumulating it.
Accumulating debt during a bull market often leads to financial ruin.
View quoted note →
Yep. And if you are debt free already, stack harder!
Bitcoin bull market is a fiat bear market. Bitcoin bear market is a fiat bull market. One can theoretically switch from borrowing fiat to borrowing Bitcoin at the end of a Bitcoin bull market. The idea is to borrow a depreciating asset to buy an appreciating one.
Uhhh… so I’ve been doing it wrong..😑
🫡 onward
Already planning my 2026 debt accumulation 🫡
True story
View quoted note →
Thank you. I sold some bitcoin near the top in 2021 to buy my forever home.
I bought with interest only loan. Locking in sub 3% mortgage for 40 years 🥳
And then I immediately tapped the equity with a second mortgage to pay the capital gains on the bitcoin I sold for the deposit.
I then spent the bear and bull crap recomputing all the bitcoin I sold to buy my house.
I go back and forth in my head about wether I should keep the 2nd l
Mortgage debt or should I sell a little of the bitcoin I have nearish top of bull to get rid of it or just hang on to every sat I have.
@less?
thanks for the tip
but nobody knows how long this bullmarket lasts
maybe it multiple years
Dca and chill
Rich people with excessive wealth might gamble to kill time, but they will never gamble to get more wealth, although the point of gambling (created and enabled by rich people) is exactly for gaining wealth.
Rich people: "don't gamble, as that will most likely make you lose all your money".
Poor people: "well, you left almost no money for me, so STFU, I may as well gamble".
Then rich people come with their scam casinos and market price manipulations (although they think to themselves all they do is just honest trading by the rules, they just happen to be smarter) to steal the money being gambled by the poor.
we’re in a bull market?
Sound advice here.
Pro tip:
Bull markets are for paying off debt, not accumulating it.
Accumulating debt during a bull market often leads to financial ruin.
View quoted note →
That’s a great tip!
This is very sound advice. Thank you
Yes! 👍
Great advice
Ya but we’ve been in a bull since 2009!
True.
Didn’t realize you are Nostr only!
I like your style Dr. Ross🤙🏽
Lever up in the bear lever down in the bull.
#facts
Wealth effect makes it difficult to manage. Looking to do small home improvements, and would rather tap heloc than assets in that environment. Though by end of year might have to reconsider.
People over complicate it
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As this #bitcoin bull market gains momentum...
Please, please remember:
View quoted note →
Some people probably didn’t listen at 126k
That's what i told myself before i continued to stack all the way up
Do your strike loans now
People so scared right now makes a humble man want to leveraged up a little
“Is the bull market in the room with us?”
Originally posted in January 2025, I reposted it because many people who were excitedly using leverage during the bull market were starting to get liquidated during the current bear market.
I hate to see it.
But there is still a bull market ahead right…RIGHT!? lol …boohoo!
