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Ken Van Vorhis

๐Ÿ‘ค Speaker
1029 total appearances

Appearances Over Time

Podcast Appearances

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

But that has to be later on.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

I got other things in my life that I want to clear up that I think could launch me farther in the next bull run.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

And then I will never sell the Bitcoin that I accumulate in the next bull run.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

That's my plan.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

My plan is to just hold it until it gets institutional adoption.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

And then I can just take loans against Bitcoin, just like a HELOC against a house.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

And it's a lot more liquid and I don't have to worry about any control on it pretty much.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

I've heard that there's two main options right now.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

There's one company that will give you 40% LTV.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

And then there's another company that will give you, like if you put up one Bitcoin as collateral, they'll give you another.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

And so you can basically just like leverage yourself 2x on Bitcoin.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

But I'm not entirely sure how that works.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

I haven't explored it.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

Oh, it's impossible.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

I mean, I live in Orange County.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

Average mortgage where I'm living right now is like $12,000 a month.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

It's insane.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

And the amount that you need down, I mean, even with an FHA loan, you still are going to need it, like $100,000 down minimum.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

It's insane.

Digital Social Hour
Ken Van Vorhis: Living in a Tesla to Build Wealth: A Bold Strategy. | DSH #1509

That's nuts.