Guys, never listen to idiots who recommend this nonsense.

What usually happens is:

- BTC falls 60–80% at some point in the cycle (something quite normal historically).

- Your LTV goes up, you get a margin call. You don't have the cash to put up more collateral because you spent it on your lifestyle.

- Some or all of your BTC is liquidated at the bottom of the market.

- Or the platform has problems (Celsius, BlockFi, etc.) and your funds are frozen for months/years.

And that's not even counting the abusive interest rates on these loans and the abusive collateral.

What you have to do is the hardest thing:

- Get out of the debt system.

- Only spend what you have.

- Save.