No i would buy 20 bitcoin, use 10 as collateral to borrow $500,000 USD, then buy $450,000 more bitcoin and then still have the $50,000 USD for expenses. In 12 months time i would use the other 10 unencumbered to do the same thing, this time some of the borrowed fiat would pay the interest of the previous loan.
Discussion
Interesting strategy. Wouldn't the idea that the bull market will last for another 4-6 months put you off from borrowing short-term?
