Genuine question: which is the least likely, statistically speaking when looking at historical data?

A)12 months after any date Bitcoin will be up12% or more

B) During the 12 months after any date Bitcoin looses 50% of its value in fiat terms

C) During the 12 months after any date Bitcoin looses 80% of its value in fiat terms

If B and C are less likely that A some people will be a calculated bet that they can benefit from such a loan.

It’s not significantly different to getting a mortgage to buy a property and then borrowing again against that property to buy something else.

Sometimes it blows up in your face but this is also the playbook people use to increase their wealth.