Considering the current political and economic climate :
1- Pay back as much debt as you can: Signs point to the 'cheap money' party ending relatively soon and debt will start becoming considerably more expensive to carry.
2- Bitcoin. Yes, I said it. My 2 cents: Forgetting the debate on the currency aspect and its usability as such . A politically neutral store of value has a use case and there is a tremendous need for it going forward in this world. Bitcoin checks all the marks needed and has been around for more than 10 years now proving its use case.
What you have to ask your self at this point is the following :
What happens if it all goes down the gutter? Well you loose 1k.
What happens if it actually works out? 10-100x? Who knows, but such asymmetric value propositions present themselfs once or twice in a lifetime.
Educate your self and take action with the intention of being able to justify it to your future self in 10 years. Ultimatey that is whom you will have to answer to :)
I don't have debts and the 4k worth of btc I had when its value reached its maximum are now worth less than 1k. BTC is too volatile and not something I would consider an investment.
>debt will start becoming considerably more expensive to carry
Only if it's not fixed interest. If you have low fixed interest debt, is there any reason not to keep it ?
If you manage to secure it for a sufficiently long term where you feel comfortable you can meet it's obligations before the terms expire, then go for it !
