Replying to Avatar Sasker

Let's say you would take a personal loan for 10 years at 7% interest. The payment each month is 10% of your monthly income. Your cost of living is 30% of your monthly income. You buy #BTC with the loan.

How would you get wrecked? And how would you defend yourself against it and/or optimise the amount of #BTC you acquire?

Leverage always looked risky to me, I want to know what that risk looks like.

#hodl #asknostr

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Diego Valley 1y ago

https://stacker.news/items/47539 have a read through this. He is doing something similar

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