FYI for everyone who's gonna FAFO this cycle with bitcoin backed loans.

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Oof ๐Ÿ˜‚

If to be done, maybe the only period would be in the red year.. but still, presuming we can time the market.. lol.

Not a fan. Not interested in giving up custody either.

Why are there so many people telling us to take out loans instead of selling bitcoin (once we need to buy something with it)?

Pretty sure taking out loans for living expenses is usually not a great idea.

Ouch. Liquidation is a taxable event!

Ouch.

Good way to get double penetrated.

I mean, if youโ€™re being marginal called, Iโ€™d assume it would be a Capital loss on taxes for most, no?