There's a lot of different ways to leverage. I think the knee-jerk reaction a lot of plebs have is to things like FOMO'ing into taking out a second mortgage, using loans with Bitcoin as collateral, levered long and short positions, etc.

Basically, the super high risk degenerate options.

I'm leveraged with debt, no doubt about it. I've taken on reasonable (for my situation) debt to expand how much I've been able to stack over the last cycle, and it's been a successful strategy for me so far.

During the next two years I'll shift and focus on drawing debt and risk down, and ramp back up in the next bear.