Steady lads, deploying capital. Just took out another loan to buy #Bitcoin. $100k by the end of week.
Discussion
My second personal loan for me clears at the end of this week. 6%APR.
need the 58k gang to hold steady until Friday
former workmate took out a loan at 70k to buy 1btc (17% interest) he already had 20k worth and put all that into doge... i worry for him
What kind of loan do you use? What is the apy to finance? I’m assuming the calculation is that BTC % will be greater than the loan APY %. Will you sell any of the loan for payments?