Well, you have such a great head start on the majority of the world!
Even getting into cryptos before most people are aware of it!
Congrats!
As to paying off your bank debts,
you may be able to use your cryptos as collateral to borrow the money to pay off your debts. I've invested in SALT Lending, which should be offering their first crypto loans around the end of this year.
I have debts that need paid off too, but I'm not willing to sell my cryptos that I know are going to greatly increase in value, just to pay off debts right now. With SALT, I can keep my crytpos and let them increase in value, and pay off high interest debts with the money that they lend me.
Now, THAT is interesting @canadian-coconut. I need to know more about this.
I just invested some more today in bitcoin cash, which is looking promising.
I'm also reluctant to even part with small amounts of my crypto! I keep thinking "If I spent £15 worth of BTC right now it could be thousands and thousands for that small thing in future!" We don't think of flat money this way!
I'm guessing this same impulse is going to keep a lot of us HODLing too!
Thanks for the congrats. I owe my early crypto trading and knowledge about steemit and a whole lot more to my friend @alanfreestone. Quite seriously.
Some people are just 'well met'. Hoping to meet more people here.
It seems that I am sitting in the same boat like both of you but I am holding on right to go through the storm. I really needed to read this comment and article Sally!
Yes meeeeee too! Yay! I couldn't agree more!
hahahah. There's more down here! I was away having a really heavy week ... and came back to some lovely action on steemit!
thanks @mammasitta <3
Let's weather the storm together!
Exactly!