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0 sats \ 1 reply \ @BlokchainB OP 8h \ parent \ on: 5 Thoughts On How A Bitcoin Backed Strike Loan Changed My Finance Habits econ
It’s called leverage plus the price of bitcoin in the future might be more than it is today. Taking out a loan with steady fiat income is a gamble.
It’s risky and the prudent thing to do is use the fiat windfall pay off debt and stack DCA style with future cash flows. The problem with this strategy is that the Bitcoin price can run away from you thus stacking less sats instead of taking a loan and buying lump sum.