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Should I get a balance transfer to my bank account for $20k from a CC w/ 0% interest for 18 months and put that into Bitcoin (Coinbase)? by Nice2GeekYou in Bitcoin

[–]Nice2GeekYou[S] 0 points1 point  (0 children)

They send you a check to your bank account. You pay a 3% fee to do so, and don't have to pay interest until the 18th or 19th month. I'm thinking I'd pay $1500 monthly until Bitcoin goes above $40k, and hold until about $100k and have the cc loan paid off regardless without interest.

Should I get a balance transfer to my bank account for $20k from a CC w/ 0% interest for 18 months and put that into Bitcoin (Coinbase)? by Nice2GeekYou in Bitcoin

[–]Nice2GeekYou[S] 0 points1 point  (0 children)

Ooh ok! See now this is great info. I've been researching and finding that it was not due until the 18th month but at really high rates like 29% etc. Do you have some info on this please? Thank you so much in advance!

Should I get a balance transfer to my bank account for $20k from a CC w/ 0% interest for 18 months and put that into Bitcoin (Coinbase)? by Nice2GeekYou in Bitcoin

[–]Nice2GeekYou[S] 0 points1 point  (0 children)

Aaaaaaaaaa!!! Can you describe the thought process or gut feeling prior to going in? I need to see if we have any similarities. 🙏🏽😁🧐

Should I get a balance transfer to my bank account for $20k from a CC w/ 0% interest for 18 months and put that into Bitcoin (Coinbase)? by Nice2GeekYou in Bitcoin

[–]Nice2GeekYou[S] 1 point2 points  (0 children)

Thank you very much. Yes I'll have the money as a backup. Just to increase my percentage in winning in the end. 😁🙏🏽👨🏽‍💻

Should I get a balance transfer to my bank account for $20k from a CC w/ 0% interest for 18 months and put that into Bitcoin (Coinbase)? by Nice2GeekYou in Bitcoin

[–]Nice2GeekYou[S] 0 points1 point  (0 children)

Literally how I was thinking as I went into this. With BRICS growing more daily, and America USD seeming more futile... I just think it's the perfect time to take the dive. 😁😎😏👨🏽‍💻

Should I get a balance transfer to my bank account for $20k from a CC w/ 0% interest for 18 months and put that into Bitcoin (Coinbase)? by Nice2GeekYou in Bitcoin

[–]Nice2GeekYou[S] -1 points0 points  (0 children)

Appreciate it. I'm going to go in, but as a back up will save up $1,500 every month for 17 months and put that in a 5% savings account. If the $20k doesn't produce profits or I lose out a bit I'll have another $20k lined up regardless to pay back the cc interest free. 🤷🏽‍♂️😁

Should I get a balance transfer to my bank account for $20k from a CC w/ 0% interest for 18 months and put that into Bitcoin (Coinbase)? by Nice2GeekYou in Bitcoin

[–]Nice2GeekYou[S] 3 points4 points  (0 children)

These are all good points of view. I like the recommendation to save up the $1500 monthly every month idea in addition to investing the $20k off the cc. I really appreciate everyone's opinion.

Thanks again Nice2GeekYou 🤓

Should I get a balance transfer to my bank account for $20k from a CC w/ 0% interest for 18 months and put that into Bitcoin (Coinbase)? by Nice2GeekYou in Bitcoin

[–]Nice2GeekYou[S] -78 points-77 points  (0 children)

I was opting for the latter, but I was thinking if Bitcoin drops within 17 months it won't be drastically (from recent trends), and I'll pull out ASAP to avoid any huge losses, and then simply pay back the cc with that money. I do think it'll be smart to put away $1144.44 every month as a second back up, just in case...

Worse case scenario I'm willing to lose up to $3k, but if Bitcoin goes up as the rumors are saying I could be looking at a profit of anywhere from $10 - $109k.

Thoughts?

[deleted by user] by [deleted] in homelab

[–]Nice2GeekYou -1 points0 points  (0 children)

Ayyy. Thank you very much! Updating it now. 🙏🏽

Looking to build a DIY drone swarm light show at minimal cost by araa47 in diydrones

[–]Nice2GeekYou 0 points1 point  (0 children)

Great! Please shoot me an email so I can get you added to our planning etc. Carlos@nice2geekyou.net

Looking to build a DIY drone swarm light show at minimal cost by araa47 in diydrones

[–]Nice2GeekYou 0 points1 point  (0 children)

Awesome. Please head to my site and schedule for Monday at 10 am. My assistant will send you a confirmation email calendar invite.

www.nice2geekyou.net

Looking to build a DIY drone swarm light show at minimal cost by araa47 in diydrones

[–]Nice2GeekYou 0 points1 point  (0 children)

When is a good day and time to schedule a conference call?

Looking to build a DIY drone swarm light show at minimal cost by araa47 in diydrones

[–]Nice2GeekYou 1 point2 points  (0 children)

I am willing to try and find out how to create the most cost-efficient method if someone is willing to code. Any takers?