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Paying off Student Loans vs Stacking Sats?
My wife and I currently have about $3000 a month We can either put towards bitcoin or aggressively pay down her loan. Total loan is about $50,000 at 6%. I initially wanted to attack the loan first and try and load up more bitcoin in the bear market next year since btc will most likely run rampant this year. After watching the market for the past 2 years and HODL’ing, I have a fear the traditional bear market will never really come and we only get a 40ish % drawdown. A part of me wants to be responsible and pay off the debt, but another part of me doesn’t want to get left behind if bitcoin never sees a bear market. I’ll forever regret not becoming a whole coiner if that happens. TLDR: Make minimum loan payments or stack sats. Currently have .25 btc with goal of 1 btc submitted by /u/SaltySailor- [link] [comments]
My wife and I currently have about $3000 a month We can either put towards bitcoin or aggressively pay down her loan. Total loan is about $50,000 at 6%. I initially wanted to attack the loan first and try and load up more bitcoin in the bear market next year since btc will most likely run rampant this year. After watching the market for the past 2 years and HODL’ing, I have a fear the traditional bear market will never really come and we only get a 40ish % drawdown.
A part of me wants to be responsible and pay off the debt, but another part of me doesn’t want to get left behind if bitcoin never sees a bear market. I’ll forever regret not becoming a whole coiner if that happens.
TLDR: Make minimum loan payments or stack sats. Currently have .25 btc with goal of 1 btc
[link] [comments]
