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0 sats \ 4 replies \ @justin_shocknet 15h \ parent \ on: Are Some Whales Abandoning Self Custody? bitcoin
You can borrow 75k
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0 sats \ 3 replies \ @SimpleStacker 15h
That would make it 75% LTV, no?
5% APR 75% LTV is actually really good, almost like a mortgage.
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0 sats \ 2 replies \ @justin_shocknet 3h
I meant maintenance ratio not LTV apparently
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0 sats \ 1 reply \ @SimpleStacker 1h
Still, 5% APR 75% LTV is really good, and I'm surprised that those terms are available for bitcoin loans (even if they're based on the ETFs). How long is the repayment period?
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0 sats \ 0 replies \ @justin_shocknet 1h
It's on margin so you just get hit with the juice every month against your portfolio equity
If you sell something it lowers your margin debit
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