Dr Thomas Webb

@Jason Galoob just ran the numbers. If you are planning to try and time up market and unlock liquidity Looks like selling is going to be the superior option even after considering tax. Tax can be large. But it is only tax on your profits. Whereas loans, the interest is smaller but it’s on the entire loan. Also it’s per year. Taking loans I think only makes sense if you need liquidity and you don’t think bitcoin will go down in next year. Whereas if you think bitcoin is gonna crash then don’t take a loan. Instead just sell and pay the tax man it seems. Correct me if I’m wrong.

Dr Thomas Webb

1 like • Aug 26

@Benjamin Wyatt ok fair enough. Proper trader talk. I prefer to zoom out and if I have the money I get in now. There’s no guarantee the next big upswing isn’t days away. A lot of effort to time your buy entry and get in at slightly cheaper entry but buying BTC at 117k versus 111k might not be that significant. Whereas waiting and not getting in before the parabolic shift of this market could be costly. Each to their own but as soon as I get my paycheck I convert cash to BTC. Michael saylor does this too as soon as he is able to mobilise capital he does so. Less thinking less deliberation. I suppose you are a trader I am not.

Ted Carr

🔥

Aug 22 •

💬 Discussion

why i'm buying more bitcoin (even at ALL-TIME-HIGH prices)

Here's why: https://youtu.be/9-vR0nbEGqo?views

New comment 8d ago

Dr Thomas Webb

3 likes • Aug 23

Defo buying more. Loaded up a little bit after my payday on Friday at 112k which really seemed like a discount. Bull run hasn’t really started yet. 109k in Jan now it’s 115k. Barely moved. Basically same considering inflation in 8 months.

Brian Moncada

Jul 16 •

💬 Discussion

Should you keep your emergency fund in Bitcoin?

Hey BTC community, Good question to think about this morning that I’ve been questioning myself more and more lately. Which is… should you have an emergency fund in dollars? Or bitcoin? Now let me be clear, I know everyone’s financial situation is different… but knowing dollars are worthless, and the fact that bitcoin will continue to go up over time, plus is also very liquid, wouldn't it make sense to simply keep your emergency fund in BTC? Why or why not? In your opinion…

New comment Jul 31

Dr Thomas Webb

1 like • Jul 26

Emergency fund should be easily accessible in a short term period. Bitcoin is too volatile and you can take a tax hit and spread fees etc. Can take 48 hours to get a loan Therefore keep an emergency portion in USDC or USDT. Digital stablecoins with very good interest rates.

Dr Thomas Webb

Jul 25 •

📈 Price Action

Bitcoin hasn’t moved it 6 months (let’s be honest)

Let’s be honest guys If you stop measuring Bitcoin in a unit of measurement that has devalued significantly you will see Bitcoin hasn’t even started to gain value in this bull run. A better unit of measurement although not ideal is euros which has held its value a lot better than the dollar.

New comment Jul 25

Bitcoin hasn’t moved it 6 months (let’s be honest)

Dr Thomas Webb

Jul 19 •

🎥 Great Videos

Property v Bitcoin (an actual fair comparison)

I have been frustrated in seeing unfair bitcoin real estate comparisons online Comparing BTC to the price of a house over time but failing to talk about the fact you can leverage (with a low interest mortgage) a house very effectively (which you can’t do with BTC) This video seems like the only fair comparison I can find. But to me owning real estate and bitcoin seems like the best option. Whether that’s keeping your BTC, taking out a loan and using that as collateral for a mortgage or buying BTC through the refinancing of real estate. Of course BTC is a superior asset than a home but leverage makes it similar. Other advantages could make them work beautifully together. What does everyone think?

New comment Jul 22

Dr Thomas Webb

1 like • Jul 19

@Andrew Persinger thoughts on it?

Dr Thomas Webb

1 like • Jul 21

@Alin Armstrong what is that your word for property? And no, no I don’t I reckon bitcoin still better levered property all in all