When does one sell their ₿itcoin? The answer is simple when something means more to them than their ₿itcoin. I wanted to create a memory of my dad & I going to a track day together, racing motorcycles around the track, battling each other for a better lap time, stopping for lunch chatting about how each other is riding & all the rest of that jazz. I have watched him race many times before, albeit only ever from the side line, with his health deteriorating fast to the point he may never get on another motorcycle again, I decided I needed to act quickly & I would sell some ₿itcoin to achieve this goal when I mentioned to him I wanted to buy a bike he told me I was "too old to learn how to ride a motorcycle". That didn't stop me wanting to buy one, I decided I was going to ask for forgiveness instead of permission. This didn't sit right with me though, so I told my father I'm buying a bike regardless, he said "ok if I can't stop you at least get a bike I want to ride as well & I'll go you half's". This was great I would only need to sell half as much ₿itcoin as I thought. Although I couldn't shake the feeling of, in 4 or 5 years time I would look at the current ₿itcoin price and work out how much the bike actually cost me. I then decided to play the fiat game & I would look at getting a loan for the bike. When I was looking into loans, the companies that would be making money off the interest they charged me wanted to give me more money (so strange right?). I thought why not get more fiat, I took a loan out for the bike plus an extra amount which worked out the same as the price for the bike, I told my dad to keep his money I bought the bike and bought the equivalent amount of ₿itcoin. The loan is for 7 yrs very typical. Now not only do I get to keep my original ₿itcoin, I got the motorcycle, I'm creating memories with my father before I can't anymore, and I also got to increase my stack. I have something real, the bike. I have something strategic, the ₿itcoin. but most importantly, I have something priceless, memories with my father. image
@npub13g76...vegr hey mate DM me
In 1992 Australia introduced mandatory superannuation, today that equals roughly 12% of people's salaries. What is done with this 12% you ask? It's given to random so called experts you don't know to gamble on the ASX which is why the ASX accounts for roughly 1.5% to 2% of the world’s total stock market capitalization with a population of only 26 million. Study's show 51% of Aussies invest in shares. Let me ask you how many of your friends and family buy shares on a regular basis? The World Federation of Exchanges and similar data suggest that the ASX accounts for roughly 1.5% to 2% of the world’s total stock market capitalization, which exceeds USD 100 trillion collectively. This is impressive for a country with less than 0.5% of the global population, reflecting a high level of market participation—about 51% of Australian adults own shares, per the ASX’s 2023 Investor Study. How many of these superannuation companies are corrupt but haven't been caught yet? asic.gov.au/about-asic/new….
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Here is an Investment Strategy for a SMSF for a 100% #bitcoin allocation for anyone to use I can also send you a pdf if needed. @Andy The Bitcoin Adviser what are your thoughts mate?
So cool I caught this.
8 months ago I started a SMSF to buy #Bitcoin I had the smallest account balance you can imagine I was advised against starting it because I wouldn't be able to make enough to cover the running costs, with the Bitcoin dip we're experiencing I'm currently sitting at 20% gains which is twice as good as the best performing superfund in Australia. Big thanks to @Andy The Bitcoin Adviser for showing me it's possible. image
I got a nice tax return I've got the same amount owning on my credit card I opened another credit card with a higher limit and I'm doing a balance transfer 0% interest for 18 months and dumping the tax return on the ₿itcoin dip! Few understand this.
I smash ₿ought ! image
People don't change ₿itcoin, ₿itcoin changes people. I have orange pilled a friend recently who then orange pilled his friend, who was a guy that wasn't interested in "doing life" since he's been in #bitcoin he has a new lease on life eating better he's happier most importantly he's STACKING SATS!