... earlier ITT: Using Bitcoin-collateralized loans to buy more Bitcoin.
Risky AF. Given how lucky I have been in life, I'm not sure I have the fortitude (even with the plate-training) to handle a strategy like that - even with 5%-10% of my stash.
Seems like the down-side risk is way too high IMO.
Ultimately, I get that NGU on a long-enough timeline, but the short-term volatility might fuck you hard without lube, and that's never fun.
Especially if they haven't enema'd and showered beforehand, if you catch my meaning...
This is something I am also facing, and kind of feel like you do. I am going to need to come up with some cheddar due to things going on in my world... This is one option. Borrow against my stack? Or just sell some.
Or another option is a line of credit... a loan not collateralize against the corn, but backed up by it for me. In other words... get a loan and then HOPEFULLY pay it off with a smaller amount of Bitcoin than it would have taken to do right now.
But on the other hand there is ALWAYS the possibility that BTC goes down, and I lose that bet.
Meh.