If I understand correctly, using #Bitcoin as collateral for a loan makes the most sense toward the end of a bear market - that way, the Bitcoin has more room to appreciate from the low point. Is that right?

#asknostr

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I think so, too!

Have you ever had a loan?

Not with Bitcoin as collateral. I am also extremely cautious about debt; there needs to be a good reason.

Also less likely to fall to your margin call price as well. Depends on what you are borrowing for, to buy more bitcoin or to fund life?

Just trying to fund my life really

Been thinking of it

Going to wait until bear market

Also if I get a 20k loan I’ll only use 10k of it so to keep the other 10k for margin purchases.