Using Bitcoin as collateral for a loan to buy more Bitcoin

Has anyone here tried using their BTC as collateral for a loan to buy more bitcoin?

I'm considering doing this at an APR of 11.5% in expectation that price outperforms this over 12 months. 50% LTV, no monthly repayments.

I know a lot of people are anti leverage, but I'm interested in hearing from anyone who's done this before.

submitted by /u/Hehehe1000 to r/Bitcoin
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Quelle: bitcoin-en