ASX and general share trading advice thread

HomeBound_Hound

Baked
Community Member
User ID
455
I’m self custody no liquidation here it’s tucked away for the future and gets topped up weekly via QR codes
Trying to get 1 BTC before it’s to late View attachment 66470
Yeah okay but then it just sits there unless ya sell so what ya will be a paper millionaire what I'm saying is if u borrow against the bitcoin the coin is Ur collateral and on those loans it doesn't work like ya just make sure ya pay on time 😉 if the value of the underlying asset depreciates below a certain value when ya take out ya loan whomever ya have taken the loan out with will margin call and sell the asset to cover Ur loan they won't wait for the next cycle..
 

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Green Genius

Blooming
User ID
5554
My investment approach involves purchasing Bitcoin with a long-term perspective. When I need liquidity, I plan to take out a loan using my Bitcoin as collateral, allowing me to retain ownership of the asset while avoiding tax liabilities on capital gains. My goal is to use the funds to acquire Optimus or several Cyber Cabs—autonomous products that can generate income by operating independently. After researching Bitcoin extensively, I’m confident in its potential to reach a value of $21,000,000 per coin.
Fairly optimistic on the long term fiat stability to allow this to occur? Fair enough. Im not sure I share that rosy outlook.
 
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