The loan I took out last month just paid for itself

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you mean you used bitcoin to pay it?

Or maybe he talks about a bitcoin backed loan, where the collateral appreciated more then his loan value.

No I took out a fiat loan and the Bitcoin I bought with it appreciated enough to pay for the total interest... Gonna hold for longer though. No need to pay off the loan earlier.

Reminder that it isn’t paid off until the loan is closed ;)

Good reminder.

I’m in a similar boat πŸ‘

Now do I take the win and close it out or double down on the next 6 months …

Unrealised?

Yes