Speedster71 on Nostr: I convert all my pay to bitcoin then cover my monthly expenses with a credit card. ...
I convert all my pay to bitcoin then cover my monthly expenses with a credit card. Once a month I sell enough bitcoin to zero out the credit card . This way I have maximum exposure to bitcoin for the longest time. Only 12 sales per year so not too hard for taxes.
Published at
2024-05-19 12:18:16Event JSON
{
"id": "1c0f4fd2d5dd1b976712add8d3c6f2dc5a62116ac75b74431ab438e439ed7a93",
"pubkey": "8e5276ced91f1d734aba38bea38a7a82354e3b83a2fafcf85992869c7009624e",
"created_at": 1716121096,
"kind": 1,
"tags": [
[
"e",
"008b1d6aca955f2528b97f8b8f47a3cae4eaa8828e1ab57246d3255e08a6240b",
"wss://relay.primal.net",
"reply"
],
[
"p",
"b3acd4f650c2a21e770153230b009b9e03ac321b61173d84c8ed3854d5235035"
],
[
"e",
"008b1d6aca955f2528b97f8b8f47a3cae4eaa8828e1ab57246d3255e08a6240b",
"wss://relay.primal.net",
"root"
]
],
"content": "I convert all my pay to bitcoin then cover my monthly expenses with a credit card. Once a month I sell enough bitcoin to zero out the credit card . This way I have maximum exposure to bitcoin for the longest time. Only 12 sales per year so not too hard for taxes.",
"sig": "6088eda4e8d5d5f77b42b2e91fb8135d06fabc9c947a5c27cdc00f4a85c5bf2ef97f15d40c8602b3cb96312f1b68417f79c87880ec2800bdde21c0c795bea131"
}