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0 sats \ 1 reply \ @PictureRoom OP 15 Jul \ parent \ on: How are you planning to deploy your Bitcoin wealth in the coming years? bitcoin_beginners
Totally agree. I think @klk and I have similar alignments though with getting a loan against our bitcoin. After all, this is what the wealthy do with their assets
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21 sats \ 0 replies \ @pappasbland 12h
A loan against your BTC is similar to using margin against your stock holdings. It can all work out nicely, but things can get messy fast when the valuation of whatever you were borrowing against plummets hard. That's no fun! But if you limit your loan, make repayments, and the underlying asset remains elevated then you're all good. -Tom
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