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.
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