TLDR:
- You can buy Bitcoin, Borrow against it instead of ever selling, and because it will always increase in price, you will always be able to borrow more and never sell it , then when you die, you can leave it to your children.
Bitcoin : Buy, Borrow and Die
Buy
- Bitcoiners believe in hodling or buying and holding Bitcoin, because they believe it will always go up. And while there are huge drops of 60-80% in value during the cyclic rise and fall of Bitcoin, overtime all holders eventually reach profitability.
Borrow
- Because Bitcoin gains value por appreciates in value you are always building equity in thhe investment, so you can always borrow against it for loans which are not tax events and provide spendable dollars.
Die
- Because Bitcoin will continue to go up in your lifetime, you never have to sell your Bitcoin to take profits, you just borrow against it. This allows you to hold it indefinitely, even until your death. Then you pass it on to your children.
Summary:
- You can buy Bitcoin, Borrow against it instead of ever selling, and because it will always increase in price, you will always be able to borrow more and never sell it , then when you die, you can leave it to your children.
Bitcoin, Buy, Borrow and Die
