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hodlpleb | 3 months ago (raw) | export | reply | flag +2 
 How to Retire on Bitcoin
(Hint: Never Sell)

Stage 1:
(Today, Now)
1. Buy as much BTC as you can right now
2. DCA every day/week/month
3. Be patient

How to Retire on Bitcoin, Stage 2:
(Once the price has reached $X)
4. Take out a loan against bitcoin
5. Use loan to buy a revenue generating business
6. Use business income to pay back the loan
7. Live off business income
8. Repeat steps 4-7
9. Own revenue generating businesses & keep your BTC.

Keep loans at a safe % of your total BTC. 
You do not want to put your BTC at risk.

#Bitcoin #NeverSell
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Bitcoin Golf Pro | 3 months ago (raw) | root | parent | reply | flag 
 Why not just use the fiat for living expenses, then take out another loan to pay off original loan…repeat and watch LTV decrease in perpetutity?
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hodlpleb | 3 months ago (raw) | root | parent | reply | flag +1 
 Yes, could work in theory if NGU fast enough. 

I've never been rich before.
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Bitcoin Golf Pro | 3 months ago (raw) | root | parent | reply | flag 
 If you own BTC, you are rich!
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hodlpleb | 3 days ago (raw) | root | parent | reply | flag 
 CAN_LEAVE_JOB = (YEARLY_EXPENSES < ((BTC_PRICE * BTC_HELD) * 0.1)) ? true : false 

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hodlpleb | 1 months ago (raw) | root | parent | reply | flag 
 You never need to sell. 
Live off it and leave it for your family. 

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