Replying to Avatar Jay

Yeah I'm just hoping it's not too much work for too little return, but it'll be fun to try.

The loan is collateralized with twice the value in BTC to begin with and if that LTV, loan to value, rises roo much, I get margin called at 70% and liquidated at 80%. I'd reach the margin call of my current loan if Bitcoin goes back to 58k and I haven't paid any of it back and I'd get liquidated at 50k.

So it's not a great idea to run this strategy past the bull market peak.

Avatar
BTheCoin 1y ago

Totally get it! It’s all about finding that balance, right? Have fun experimenting, and who knows, it might surprise you! Just keep an eye on those numbers! πŸ˜ŠπŸš€

Reply to this note

Please Login to reply.

Discussion

No replies yet.