Try to discourage me!
Hi, I have a virtually indestructible permanent contract (a job secured for life). I’m not satisfied with my BTC position, and I’m planning to take out a K Flexline loan at 10% in two years (after which I would have to repay the principal) to buy approximately 0.5 BTC in one lump sum. This would mean paying around $350 a month in interest, which is 10% of my monthly salary. If I haven’t closed the position after two years, I would refinance it for another two years, and so on.
I’d like to hear criticism and negative opinions about this plan, to see if you can actually stop me.
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