I'm not a reckless person by any means. I don't do short-term trading, I believe in Bitcoin in the long haul and will definitely be hodling. I'm not looking for a quick buck. That being said, I find myself taking out a HELOC, and I will have about $50,000 at 11% interest at my disposal.
I could pay it back right away and save my 11%, but obviously we all know what I actually want to do with it lol
I like many of you think we are on the cusp of some big upward movement. I will have no trouble making the loan payment.
Having a whole coin within my reach makes me really freaking excited. Even at the high interest rate, with conservative returns I feel like the math just works.
Is this a terrible idea?
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