I've never had a job or anything like that and I just got access to my old bitcoin account that has 2300 btc on it. I got paid in btc when I did webdesign and for months ive been trying to find a way to get my btc back and now i did.
Anyway my question is as follows:
What the fuck do I do if i wanna buy a house? All the loan faggots want me to have a steady income and a normal job and i do not want to pay for the house in cash, i want a loan so i can let as much btc as possible grow for the next bullrun, what do i do anons? whats the point of being rich if u need a fucking wagie job to get a loan
You have any friends that would take the loan for you in their name? Then you can pay them? If not I would literally do this for a wealthy fellow user
Lincoln Cruz
I could do that but I do not want to depend on anyone I want to keep this as private as possible. I just want my own house bros why the fuck is this so hard
Kevin Rivera
What good is a loan when you have 20 mil
Lincoln Turner
You're lying of course, but what you can do is convert a portion of it to WBTC so that you can use it within the ETH ecosystem then put it onto Aave and get a loan taken out using the BTC as collateral and then pay for it with that.
When you convert it to USD or any other token you are liable for taxes on the gains, which is reported as income so you will likely go up many tax brackets and be able to get a huge line of traditional credit as well. However, if you don't want to pay taxes it will be very difficult for you to get any form of credit or a loan. Definitely do not sell it and buy a house outright though it's like 6% interest max and would be a massive shame to miss out on holding BTC during the 30years you'll have the mortgage.
Jose Anderson
cash it out you retard
Carter Morris
JPMorgan has also started doing crypto management so they will have your keys which is pretty cringe, but it is another way to get your coins into the traditional ecosystem without losing exposure; however, you will need to actually talk to a banker and they have not responded to me yet. I only have 10k LINK though.
Owen Miller
Brainlet detected.
Taxes are not a problem for me, im not american. I could have a trillion dollars and the mortgage faggots will not give me a loan because muh steady income. It's bullshit.
Charles Gutierrez
Buy a modest house cash. It's nothing compared to what you got. Your set for life.
Michael Miller
Then incorporate and then pay yourself through your business thus you have a "steady job" being self employed
Carter Hernandez
Show proof
Jaxon Bailey
The business has to be 12 months old.
Dominic Carter
That is fraud dude, don’t do that.
OP get a collateralized loan with the BTC, use that to buy the house in cash. I can help point you in the right direction for collateralized BTC loans if you are retarded.
This is the best way OP, trust me I have done similar things with my coin.
Jordan Scott
if you're telling the truth you have 22 million usd in bitcoin. you don't need a fucking loan. sell 300 btc and you can buy anything you need outright. you still have 2000 to do whatever the fuck you want with
Jaxon Rodriguez
Then just wait a year you impatient fuck. It would help you in the long run anyway
Samuel Torres
How did you do it user? Aren't these crypto loan stuff scams waiting to happen?
That is how you become poor user, I want this money to last generations.
Liam Nguyen
Btc going to zero id cash out soon retard
Ryder Anderson
fuck america
Jaxson Butler
I checked the loans, they have huge interest rates and they are nothing like mortgage loans with 20-30 years. This is shit.
Tyler Howard
What is stopping you from starting your own LLC or something and “employing” yourself? I’m not economic whiz so i’m sure there is a flaw somewhere down the line but have you taken this into consideration? Maybe the taxes do not make it worth it but if you hold you may have a higher chance of directly purchasing real estate with crypto.
Parker Lewis
Like I said I have to wait 12 months. Maybe I need to talk to some other bank that recognizes crypto or some shit because this is stupid. Imagine if I had a billion dollars but couldnt get a loan, fucking wagie mentality of this planet.
Josiah Hernandez
Try bank of america. I heard they are letting people buy crypto with credit cards so maybe they might help you.
William Long
Adding to this, 22 million means you ALREADY MADE IT, you are fucking rich and should focus on maintaining your wealth, not trying to get richer on pajeet shit tokens and losing it all.
Also I know this entire thread is bait but it can be fun to dream.
First, sell ONE bitcoin and move to a place with better tax conditions, whatever works, might want to speak to an accountant depending on your location especially if you're a burger. USA tax system is fucked up Sell 2000 btc for 19 million dollars 5m in rental property (real estate) 5m in low risk investments; bonds; deposits etc. 3m in stock market index funds (nasdaq etc.) 2m on essentials like a house, reliable vehicles, supplies, fuel, guns 2m between cash and gold (at least 10% of this should be in physical form) 1m in high risk traditional investments (individual stocks) DYOR 1m 'play money' for stupid bullshit like lambos, tendies, whatever the fuck Keep 250 bitcoins its more than youll ever need for 'the next bullrun' Split 40 btc between safe, sensible top alts now feel free to waste your remaining 10 btc ($96k usd as of now) on whatever Zig Forums tells you to buy
This means you wont make as much if crypto super moons again but with this much money it doesn't matter. Most people here don't even have 1 btc so with 250 you would be far ahead of almost anyone here.
Never show off your new wealth, be smart, go low key, people like you have been killed for their crypto money. Also never get married, none of them would have dated you when you were poor, don't be a beta bux cuck simp whatever insult is the new trend. It's the easiest way to lose your money.
And don't forget, you're here forever.
William Rodriguez
I'll gladly tell you Tuesday for a Bitcoin today.
Bentley Thompson
checked and solid advice read this over a couple times OP
Christopher Russell
How the fuck is bitcoin even a thing. It literally must be the jews
