JUST IN: Bitcoin miners have borrowed $4B against their equipment - Bloomberg 😳
Bitcoin will get to $250K “by late 2022 or early 2023" says Tim Draper.
Source:https://twitter.com/BTC_Archive/status/1540723317790937090
I see this and I wonder,
What happened to the "Do not borrow to invest idea or principle"
Perhaps it's how the trick on how they stay ahead?
But wait, they might have means to make up for any unexpected lose.
In the end, don't just jump in on a plan when you don't know the plan B!!!
Late 2025
This tells you, bitcoin is best for long term investment. You've got to be cultured enough to exercise years of patience and crypto is not some get rich, escape from poverty scheme. This idea gets you mixed up with pump and dump altcoins. Be patient wth bitcoin!!!