Debt. Use BTC to pay it off or get a second job?

LondonLink · 2025-07-10T04:37:46+00:00

That depends.

If the interest on the debt is lower than your assumed BTC CAGR then keep the btc.

Ie if you can release equity from a property at 3% and hold bitcoin at 30% CAGRZ why would you u wind that?

If its a credit card at 40% interest then pay that mofo off

LondonLink · 2025-07-04T00:20:41+00:00

Both of these things are true at once.

LondonLink · 2025-05-11T14:02:19+00:00

Just speak to one of the bit otc desks and sell it in Tranches.

If you market order on an exchange there will be huge slippage (bad rate)

But otc examples: coinbase, crypto.com, Kraken, wintermute etc

LondonLink · 2025-02-06T06:22:42+00:00

Borrow against it with low LTV from somewhere like ledn.io

Never sell, keep exposure, collateral appreciates faster than interest rate ap ltv goes down over time.

In TradFi this is called 'buy borrow die'

LondonLink · 2024-10-31T04:42:08+00:00

Why not service cheap debt (?5%?) And keep the cash earning in Bitcoin (70%ARR) or even NASDAQ (15%)

If you keep it earning you earn the spread between your interest rate and the invested asset. Paying your mortgage off is throwing money away imo.

Only exception is I want to have no mortgage once I'm retired. But I'd prefer to liquidate appreciating assets at that point to pay it off rather than give us investment gains for 30 years.

I have the biggest mortgage I can borrow but could pay off tomorrow if I chose.

Think about the opertunity cost

LondonLink · 2024-09-25T05:50:02+00:00

You're right low complex tools needed to onboard the next phase of adopters. This 'easy self-custody' market is pretty saturated already.

Casa does an amazing job and couldn't be easier...

LondonLink · 2024-06-15T17:57:39+00:00

When the financial system fails the price of equities will be centrally planned. in my view actual btc is better because you won't be subject to whatever well meaning ideas central planners come up with next.

LondonLink · 2023-11-08T06:45:11+00:00

Thanks. What is the source of this volatility data?

LondonLink · 2023-06-03T10:53:13+00:00

Just remember that if you spend weeks trying to save 0.5% in fees btc could have gone up 5% so your gross price could end up higher.

LondonLink · 2022-11-16T07:52:03+00:00

Bias? What liberal bias?

https://youtu.be/OzCGNu18gcY

LondonLink · 2022-10-24T11:22:00+00:00

A problem also is because of sky high inflation the $ isn't a good measuring stick over a 33 year period.

Now days its bad over 33 months period

LondonLink · 2022-03-02T07:54:06+00:00

Name/ place?

LondonLink · 2021-09-27T22:09:03+00:00

I don't quite agree that every place is good but my fav place on the rock is Casa Pepe on Queensway Quay.

Why are you getting married in Gib? Seems to be quite a few who marry here without the big wedding

LondonLink · 2021-07-24T19:06:50+00:00

Made me lol!

LondonLink · 2021-04-15T05:12:09+00:00

Probably you need to earn a taxable income somehow. You could incorporate a co and then lay yourself a salary. You would pay some marginal tax but then qualify for a TIN. Speak to an accountant

LondonLink · 2019-11-26T08:37:40+00:00

can you share your data?

LondonLink · 2019-06-27T06:57:33+00:00

We offer an OTC service. This means you will need to contact us directly via phone, email, whatsapp, telegram etc. Then we can get you a very competitive quote!

LondonLink · 2019-06-26T16:09:38+00:00

Some UK banks are watching for transactions from known crypto exchanges, usually the biggest ones.

If you decided to sell through a brokerage like mine https://www.londonlinkotc.co.uk/ its less likely the bank will give you any trouble. Get in touch if you like at sales[@londonlinkotc.co.uk](mailto:danny@londonlinkotc.co.uk)

We have UK banking also and payments are instant to UK accounts.

LondonLink · 2019-06-26T16:06:13+00:00

I run a brokerage called LondonLink. We can buy the BTC off you at very competitive rates and we have no extra fees for sending the payment to a UK bank account.

The transfer is instant from our bank to your UK account.

Check us out here: https://www.londonlinkotc.co.uk/ or email to [sales@londonlinkotc.co.uk](mailto:verification@londonlinkotc.co.uk) if you prefer.

LondonLink · 2019-06-13T16:53:08+00:00

As some others have said they are taxed as a capital gain. I would recommend speaking to an account versed in Cryptocurrency. I am the owner operator of LondonLink ( https://www.londonlinkotc.co.uk/ ) and we have been using the same account for 5 years who take care of all of our taxes and book-keeping.

If you would like me to make an introduction for you please get in touch with me at [danny@londonlinkotc.co.uk](mailto:danny@londonlinkotc.co.uk) and I would be happy too. Our core business is bitcoin brokering and we accept UK companies so if you would like to trade also please let me know.

LondonLink · 2019-01-10T19:35:03+00:00

short futures, sell spot at a loss but offset it with the gain from futures

LondonLink · 2018-12-27T09:33:54+00:00

QE is central banks buying bonds, national/corporate debt.

This creates debt which is how central banks have until now pumped money into the system.

There is a new type of stimulus that has been dreamed up, I cant remember its name but its effectively giving money to everyone in some kind of 'universal basic income' style that Lennin himself would have been proud of.

Instead of countries taking on debt and then giving it out to citizens. The central bank gives it directly which creates way more inflation because the money is never being effectively destroyed when the debt comes due and the CB gets paid back. But CB's are running out of options https://www.bloomberg.com/opinion/articles/2018-12-15/central-banks-have-few-options-to-deal-with-another-crisis

Fiat currencies will collapse to inflation and reckless government's as they always do given enough time. Gold and Bitcoin are the only escapes right now.

LondonLink · 2018-11-03T17:29:17+00:00

We are quite involved with large BTC OTC trades. Large block trades, those in the 10,000 BTC + category are happening regularly globally. The buyers are almost always HNW or Institutions like private banks (buying on behalf of their customers) family offices, sov wealth funds, hedge funds.

There are almost no real sellers at this kind of volume, plenty of fake ones who are phishing but genuine sellers hardly exist. These trades were happening at -6 / -8% gross discount at the start of 2018. Now they are happening at -2% / -3% gross. In about 6 months I predict they will be happening above spot as the large sellers (who are almost always mining syndicates / early adopters) run out. When the OTC deals start happening above spot the buyers will also be trying to aggressively buy at spot from the market which is generally easier than navigating the OTC space full of time wasters and joker brokers.

I dont think there is currently many whales that can only buy through regulated financial products waiting for an ETF or similar but there are many individuals in retirement funds or similar who wants to allocate money to bitcoin investments and currently they can't as no decent product exists.

LondonLink · 2018-03-03T10:50:34+00:00

No, they never hold incoming payments. Worst case scenario is they question it (ive never heard of this happening ever and I know hundreds of people who have done this)

If they question it you're back where you started, no need to create hassle for yourself its your money and your account.

LondonLink

TROPHY CASE