Yes. I'm technically on negative (I have a mortgage, HELOC, and some other loans I've taken). Debt can be an incredible tool since you can pay an interest rate that will be much less than the appreciation of Bitcoin over time, so you can hopefully spend less Bitcoin overall even if you end up paying a larger amount of fiat. The big key, though, is managing that debt well. For as great as a tool as it can be, it can also trap and enslave you if you're not responsible. You HAVE to be able to manage your cash flows.
I've never used a Bitcoin-backed line of credit or loan. I'm not opposed to them in theory, but the come with a risk to your Bitcoin and there are a number of dubious companies out there.
Yes. I'm technically on negative (I have a mortgage, HELOC, and some other loans I've taken). Debt can be an incredible tool since you can pay an interest rate that will be much less than the appreciation of Bitcoin over time, so you can hopefully spend less Bitcoin overall even if you end up paying a larger amount of fiat. The big key, though, is managing that debt well. For as great as a tool as it can be, it can also trap and enslave you if you're not responsible. You HAVE to be able to manage your cash flows.
I've never used a Bitcoin-backed line of credit or loan. I'm not opposed to them in theory, but the come with a risk to your Bitcoin and there are a number of dubious companies out there.