Row 91935

Row ID: 91935 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 91935 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Hi, I'm trying to figure out the safest way to take out a collateral loan against my BTC. I don't really trust any of the companies that offer it.

I was thinking of selling 15% of my HODL portfolio and buy a spot BTC ETF, and then get a collateral loan against it.

The pros I see is that the ETF is protected by SIPC

The con is that I would have to pay capital gains tax even though I'm just transferring the money from one form of BTC to another.

Please offer tips, critique, or suggestions?

FieldValue
text Hi, I'm trying to figure out the safest way to take out a collateral loan against my BTC. I don't really trust any of the companies that offer it. I was thinking of selling 15% of my HODL portfolio and buy a spot BTC ETF, and then get a collateral loan against it. The pros I see is that the ETF is protected by SIPC The con is that I would have to pay capital gains tax even though I'm just transferring the money from one form of BTC to another. Please offer tips, critique, or suggestio…
label r/bitcoin
dataType post
communityName r/Bitcoin
datetime 2024-05-25
username_encoded Z0FBQUFBQm5Lak1zX1NSeHVZMGEtYklWSmFaU3ZpajVEOGdYVTMwQUZGaUhrNURLdTQ3LTNFampQalVGYVZhVTh6eWZFYmEwSGh3aDQ3c1ZJLTZBTmRoa2lDdGEwa3ZRdzJwMkFPX2hfcTBLeWpQMndUR0RzX2s9
url_encoded Z0FBQUFBQm5Lak8td1l3Zk5fTDdEOXd4ZmdydWtGSnhoTGFIVnZBYU9RTU1aMV9XeGI4ZC1rVkNhdlUzZzVlVk8wbVUwUnlNV1VZczVfOWR5bjhTVEtQdVFlQk9kUlNZdWNUbHVJT3E5RFVNV00yeEd6UHZWTkEtMEh3bnFKN0ZKbjFFcTg0ZFZDdDJyZ05oMEpSUktESEEtMjJpcXU4UkhyckdFeFkwa2d1ZXg0T08ya1lOTlJqRXpmTjhpRTRpNWNiaDU4S1QtQkVDNVl0Nlg5VlkwbFVIUk5XOXBZdnBFZz09

Raw Record

{
  "text": "Hi, I'm trying to figure out the safest way to take out a collateral loan against my BTC. I don't really trust any of the companies that offer it. \n\nI was thinking of selling 15% of my HODL portfolio and buy a spot BTC ETF, and then get a collateral loan against it. \n\nThe pros I see is that the ETF is protected by SIPC \n\nThe con is that I would have to pay capital gains tax even though I'm just transferring the money from one form of BTC to another. \n\n  \nPlease offer tips, critique, or suggestions? ",
  "label": "r/bitcoin",
  "dataType": "post",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-25",
  "username_encoded": "Z0FBQUFBQm5Lak1zX1NSeHVZMGEtYklWSmFaU3ZpajVEOGdYVTMwQUZGaUhrNURLdTQ3LTNFampQalVGYVZhVTh6eWZFYmEwSGh3aDQ3c1ZJLTZBTmRoa2lDdGEwa3ZRdzJwMkFPX2hfcTBLeWpQMndUR0RzX2s9",
  "url_encoded": "Z0FBQUFBQm5Lak8td1l3Zk5fTDdEOXd4ZmdydWtGSnhoTGFIVnZBYU9RTU1aMV9XeGI4ZC1rVkNhdlUzZzVlVk8wbVUwUnlNV1VZczVfOWR5bjhTVEtQdVFlQk9kUlNZdWNUbHVJT3E5RFVNV00yeEd6UHZWTkEtMEh3bnFKN0ZKbjFFcTg0ZFZDdDJyZ05oMEpSUktESEEtMjJpcXU4UkhyckdFeFkwa2d1ZXg0T08ya1lOTlJqRXpmTjhpRTRpNWNiaDU4S1QtQkVDNVl0Nlg5VlkwbFVIUk5XOXBZdnBFZz09"
}

Entry Information